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COVID-19 (Coronavirus) Update: Debt Assist UK

We would like to reassure our clients, current and future, that during this difficult time for everyone, Debt Assist UK will be operating as normal.

We have an in-depth contingency plan should things worsen, and there shouldn’t be any noticeable disruption to our service. With multiple office locations, we are well equipped as a business to react and mitigate the risk and spread of the virus. Our current infrastructure grants remote workers access to all of our systems, to ensure continual contribution to business processes, including a cloud based phone system that makes working from home as easy as working from the office.

If there is any future change in the situation, we shall notify you immediately.

In the meantime please stay safe and make sure to follow the World Health Organisation’s (WHO) guide for all latest news and non-biased advice to staying safe.

Debt Assist UK

Debt Assist UK are one of the UK’s leading debt solution providers. Based in the financial heart of Manchester, we have helped thousands of people with our no-obligation debt help and advice.

Our Three-Step Process

We understand that being in debt can be extremely stressful and you can often feel like there is no light at the end of the tunnel.

Our three-step process makes it easy for you to discuss your problem with a trained debt specialist and choose a solution that works best for you.

1 Debt Help

Contact Us

Fill in the form with the details of your debts.

2 Debt Advice

Discuss Your Options

One of our advisers will contact you to discuss the pros and cons of each option available to you and help you make an informed decision.

3 Debt Options

Choose a Solution

Your personal adviser will then guide you step-by-step through the necessary arrangements and ensure you understand the terms of your agreement.

Feefo

Feefo is an independent review service which means you can be sure that all of our customer reviews are 100% genuine.

best-debt-advice

Please Note: Debt Assist UK only provide debt advice; we do not directly provide any financial solutions ourselves. We will talk you through your available options and if appropriate, we can offer you a no-obligation referral to a regulated debt solution provider, from whom we may receive a referral fee. Some debt solutions involve fees to you – these fees may differ based on the circumstances of your individual situation, but will always be explained to you by your chosen solution provider in writing before you decide to take up their service(s).

Popular Debt Solutions

Debt Management Plan (DMP)

A debt management plan (DMP) is an informal way to repay your creditors by making a single, affordable payment every month.

Individual Voluntary Arrangement (IVA)

An individual voluntary arrangement (IVA) is a legal agreement between you and your creditors whereby you only pay what you can afford towards your debts.

Bankruptcy

If your debt has reached an unmanageable level, bankruptcy is one way of managing it, especially if you are in no position to pay off your debts in a reasonable time frame.

Debt Relief Order

Suited for those with few assets and little disposable income, a debt relief order (DRO) could be your answer if you have debts under £20,000 and you have assets totalling under £1,000. Your debts will normally be cleared after 12 months, with any outstanding debt written off.

Debt Arrangement Scheme

Scotland Only
A debt arrangement scheme (DAS) allows you to repay your debts over a maximum of ten years. Only available to residents of Scotland, it sees interest and charges frozen. You won’t have anything written off, however you will be given some breathing room in order to repay your debts.

Protected Trust Deed (PTD)

Scotland Only
Only for resident of Scotland, a protected trust deed (PTD) is similar to an IVA in that it is a legally-binding agreement between you and your creditors, whereby you make one, affordable monthly payment.

Sequestration

Scotland Only
Sequestration is the equivalent of bankruptcy for Scottish residents. It was created for those who are unlikely to repay their debts in a realistic time frame. You may be eligible if you have debts totalling £3,000 or more, and you could be discharged in as little 12 months.

Debt and Stress

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Further Information

What’s The Best Debt Solution?

There is no such thing as ‘the best debt solution’, only the best for YOU. Everyone’s situation is different, and there is a solution that’s right for your particular financial position. Our advisers are trained to find the right solution to your individual problem. So contact us now for your no obligation help and advice.

What Does It Cost Me?

We are able to provide all initial help and advice with no charge to you, however, should you decide to continue with our services there may be a charge depending upon your solution. These will be fully explained to you prior to any agreements made.

Customer Testimonials

These are all genuine customer testimonials, to read more please visit our Facebook page.

“Have had a wonderful experience with Debt Assist UK. They are quick to respond and very organised. My rep was such a pleasure to work with. He went the extra mile to take care of my needs. Very friendly service. Highly recommend. Well done.”

Sebastian - Brighton

“The most lovely company. They helped when I was thinking I have no way out with my debts. I really recommend to everyone”

Roxana - Thurrock

“Trustworthy people who sorted my problem very quickly and easily and put my mind at peace. I recommend them.”

Elida - London

“From my first call being very understanding and calling when they said they would. Felt these guys were really on my side and doing their best to help me out. Would highly recommend.”

Gail - Belfast

Regulatory Status

Debt Assist UK is a trading style of Assist UK Group Limited who are authorised and regulated by the Financial Conduct Authority.

You can find us on the FCA register here.