These are the key pieces of information that we think you should know about debt write off. If you would like additional information, please click the 'free advice' button and we will call you.
FACT: In the last 5 years 440,875 UK residents wrote off part of their debts
FACT: A Trust Deed is a formal agreement between you and your lenders
FACT: It takes just 36 months to complete a Trust Deed*
FACT: All remaining debt is written off on completion
FACT: Your monthly payment is calculated based on YOUR situation
Fees & key information (scroll down)
What are the fees for your solutions?
If you enter into a debt solution with us, there may be fees involved. There is no cost for initial conversations with advisers in determining what is the lowest cost option for your circumstance.
Will my credit score be affected?
Solution that involves paying less than originally agreed do have an impact on your credit rating. Before you take any actions however advisers will discuss the benefits and disadvantages for your situation.
What if I change my mind?
By entering into a solution you have the right to cancel the agreement at any point within the first 14 days. If you choose to cancel you will receive a full refund of any initial fees paid.
Find out more...
Direct Debt Advice is a UK company that provides access to debt solutions. CH Business number: 5675436.
OFT Licence number: 583848.
We help people to clear their debts by getting creditors to accept lower payments on existing debts and freezing future interest charges.
We provide options to thousands of people every week on the simplest and quickest way to clear debts. For debts between £3,000 - £100,000