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Welcome to The Debt People

Good news!

You may be eligible for a debt solution.

To ensure you get the best possible advice and end up on the right plan we'll need a little bit more information. One of our advisors will contact you shortly.

if you'd like to call us at a convenient time simply call us on 0800 988 8189

We're here to help you find a debt solution. Here's how it works:

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1. Answer a few questions

One of our friendly advisors will discuss your situation, your income and expenditure to help us find the best solution for you.

We don't judge, we're just here to help.

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2. Find a solution

If you're eligible for an IVA and decide to proceed with our help, we'll contact your creditors to let them know. If you don't qualify for an IVA, we'll explain all of the available solutions to you and help you find what works for you.

We'll deal with your creditors.


3. We put you first

Once on an IVA you'll make one affordable payment to us each month and we'll distribute the payment to your creditors.

At the end of your IVA you could write off any outstanding balance.

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IVA advisor

Do you qualify for an IVA?

To be eligible for an IVA, you must meet certain criteria:

Alternative solutions to an IVA

Debt Management Plan

Debt management plans (DMP) are one of many available debt solutions that offer a flexible way to sort out your finances. They can change when your circumstances do giving you better control, whilst still making positive steps to reduce your debt.

Protected Trust Deed

Trust deeds are voluntary agreements available to residents of Scotland. You agree to repay part of what you owe them. A trust deed is similar to an IVA in allowing you to make affordable monthly payments within a formal arrangement.

Debt Relief Orders

Individuals with relatively low liabilities, small surplus income and few or no assets and who are possibly not in a position to pay off their debts in a reasonable time may be eligible for a debt relief order.

Debt Arrangement Scheme

A debt arrangement scheme (DAS) is a debt management program available to Scottish residents, which allows you to repay your debts over an extended period of time whilst providing you protection from their creditors.

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Benefits and considerations of an IVA

Benefits Considerations
One affordable monthly payment You will agree to restrictions on your monthly expenditure to reach this payment
A clear timescale for clearing your debts, usually five years The IVA will be listed on your credit file for six years and will have a negative impact on your credit rating for substantially longer
Protect your property from creditor action or forced sale Homeowners will need to look into releasing equity into the IVA and if not possible, the term may need to be extended by 12 months
Freeze all interest and charges on included debts Only unsecured debts can be included in an IVA
Prevent your creditors from contacting you directly or taking legal action against debts The majority of creditors need to agree to the IVA for it to be accepted. There is no guarantee of this.
Write off any debt you can’t afford to repay on completion If you do not adhere to the conditions, the IVA may fail which could lead to your bankruptcy

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What debts can and can't be included in an IVA?

Most unsecured debts can be included in an IVA:

  • Credit cards and store card
  • Payday loans
  • Personal loans
  • Overdrafts
  • Gas, electricity, and water bill arrears
  • Council tax arrears
  • Income tax/ National Insurance arrears
  • Tax credit/ benefit overpayments
  • Debts to family and friends

A few debts, however, cannot be included in an IVA:

  • Mortgages
  • Other secured loans
  • Hire purchase agreements
  • Debts incurred through fraud
  • Court fines
  • TV license arrears
  • Student loans
  • Child support arrears
  • Social fund loans