- Write off unaffordable debts
- Lower your monthly payments
- Stop creditors from contacting you
With a simple legislated debt solution you can consolidate all your debts into one lower, affordable monthly repayment. Make one set payment per month for a set period, and after the period expires any remaining debts left are legally written off. This can be up to 90% depending on your circumstances.
Are These Schemes Legitimate?
Yes Absolutely. Schemes such as the IVA (Individual Voluntary Arrangement) was established by and is governed by Part VIII of the Insolvency Act 1986 and constitutes a formal repayment proposal presented to a debtor's creditors via an insolvency practitioner.
The Process is Simple
3 simple steps to get started
Check If You Qualify
Click 'Do I Qualify' to see which debt plans you could qualify for
Book Your Consultation
If you qualify, you’ll be advised which options will be most helpful for you
Once we have advised you of your options, you decide what you want to do.
Our advice is free, confidential and no obligation. Guaranteed.
Don't Feel Alone in Debt
Worried about your debt? Odds are, you're not alone, we are here to help you.
People a day are declared insolvent or bankrupt.
Average debt of each adult in the UK
Insolvency Cases handled by us in 2014
How our customers rated us on TrustPilot
Example of A Debt Plan
Here is an example of how a formal arrangement could make your debts affordable.
* Subject to creditor acceptance
* Payment subject to individual circumstances
* Credit rating may be affected
* Fees apply, subject to individual's circumstances. For more information on our fees click here
What our customers are saying
I felt my advisor had the time to listen to my problems and would find the best solution to help with my debts! They were always there to offer advice and support and answer all my questions and communication was great. I am very pleased with the outcome and can’t thank them enough for their help and support.
I was very happy with the service provided to me they were very helpful in my options and supportive. I would not hesitate to call them if you need help and very reliable
I feel that simple finance has changed my life..
They gave me ample advice and then helped me achieve a solution… I would highly recommend if you are thinking of using this company…changed my life completely taken out the stress x thank you guys x
I was worried every month to have enough money for all payments,till I heard advertising about Simple Finacial Solution in radio.I called not expecting much and I found very friendly and helpful company.They changed my life for the best.No more nightmares and sleepless nights.Thank you very much from my heart.
My finances were in a real mess. I seemed to be constantly chasing my tail, taking on more debt just to meet my repayments. I think at its worst I had around £30,000 of debt hanging over me. That’s when I turned to Simple Financial Solutions who assessed my situation and helped me get straight. Their advice made real sense and after helping me to formulate a debt management plan I’m well on the road to recovery.
Frequently Asked Questions
We'll happily answer your questions. Some of the most commonly asked questions are below
We offer reputable and trusted solutions to get you out of debt as quickly and as easily as possible, including plans backed by the government. There really is no catch and we want to make the process as stress free as possible for you.
Of course, your ability to maintain your standard of living and pay your other bills is important, and we fully understand that. Any payment plan that you enter into will be one which you are comfortable with, and we want to make sure that you can afford the monthly payments without it meaning too much of a hardship for you. Many of our clients can have up to 80% of their debt written off, and our goal is to make sure that you can afford your payments and that you are out of debt as quickly as is possible and realistic.
Your advisor will work with you to find the solution that is best for you, considering your situation and amount of debt. In most cases, you won’t have to give up your home or your car.
There are costs associated with filing for bankruptcy, although there is no cost to you for our advice and assistance.
Once we have reached an agreement that is acceptable to both you and your lender, there is no reason for them to call you asking for money. The phone calls and letters should be a thing of the past.
Most people who owe a large amount of debt, or have monthly payments that they just can’t afford, are simply not going to bother trying to pay it after a while. Lenders know and accept this risk, but would rather have their customer pay them something than nothing at all. A debt management plan allows you to come to a mutually agreeable arrangement with your creditor.