Authorised and regulated by the Financial Conduct Authority
Debt Solutions
There are various solutions available in the UK.
Currently, our solutions cover England, Northern Ireland Wales and Scotland.
Honesty and Integrity
Support and Guidance
Ethical Practices
We make a difference
To find out more about managing your money and getting free advice, visit Money Helper
Authorised and regulated by the Financial Conduct Authority
Debt Solutions
There are various solutions available in the UK,
Currently, our solutions cover England, Northern Ireland Wales, and scotland
Honesty and Integrity
We make a difference
To find out more about managing your money and getting free advice, visit Money Helper
"The team were very supportive from the very beginning. The advice was clear making it very easy to decide a solution path."
Linda
12 Jun 26
Verified company on Trustpilot
Solutions for England, Northern Ireland and Wales
A Debt Management Plan (DMP) is an agreement to help individuals repay unsecured debts, such as credit cards and personal loans.
It involves negotiating with creditors to lower monthly payments, often by extending the repayment period or reducing interest rates.
An individual voluntary arrangement (IVA) is an agreement with your creditors to repay part of your debt and have the rest written off.
During your IVA, providing you make the agreed payments, creditors aren’t allowed to charge interest or charges on your debts.
A Debt Management Plan (DMP) is an agreement to help individuals repay unsecured debts, such as credit cards and personal loans.
It involves negotiating with creditors to lower monthly payments, often by extending the repayment period or reducing interest rates.
An individual voluntary arrangement (IVA) is an agreement with your creditors to repay part of your debt and have the rest written off.
During your IVA, providing you make the agreed payments, creditors aren’t allowed to charge interest or charges on your debts.
A Debt Relief Order (DRO) is an insolvency solution for those who meet specific criteria and agree to certain restrictions during the DRO period.
After one year, all debts included in the DRO are written off.
Bankruptcy involves selling your assets and sharing the money among your creditors. Most of your creditors won’t be able to chase you to pay or take you to court.
It releases you from most of your debts, usually after 12 months.
A Debt Relief Order (DRO) is an insolvency solution for those who meet specific criteria and agree to certain restrictions during the DRO period.
After one year, all debts included in the DRO are written off.
Bankruptcy involves selling your assets and sharing the money among your creditors. Most of your creditors won’t be able to chase you to pay or take you to court.
It releases you from most of your debts, usually after 12 months.
Scottish Solutions.
A trust deed is a formal, legally binding agreement used in Scotland to help individuals resolve unmanageable debt by transferring their assets to a trustee who manages the repayment plan. It typically lasts for four years, and, at the end of the term, any remaining unsecured debt may be written off, providing a fresh financial start for the debtor.
The Debt Arrangement Scheme (DAS) is a formal debt management plan in Scotland that allows individuals to repay their debts through affordable, government-approved monthly instalments. It protects the debtor from legal action and interest charges while they work towards becoming debt-free.
Sequestration is a legal process in Scotland where an individual’s assets are taken by a trustee to pay off their debts, effectively declaring them bankrupt. It provides a fresh start by clearing most debts after a period of four years, though it can impact the individual’s credit rating and financial future.
The Minimal Asset Process (MAP) is a simpler form of bankruptcy in Scotland designed for individuals with low assets and minimal disposable income. It allows them to be discharged from most debts after six months, offering a fresh start with fewer formalities and lower costs than standard sequestration.
A trust deed is a formal, legally binding agreement used in Scotland to help individuals resolve unmanageable debt by transferring their assets to a trustee who manages the repayment plan. It typically lasts for four years, and, at the end of the term, any remaining unsecured debt may be written off, providing a fresh financial start for the debtor.
The Debt Arrangement Scheme (DAS) is a formal debt management plan in Scotland that allows individuals to repay their debts through affordable, government-approved monthly instalments. It protects the debtor from legal action and interest charges while they work towards becoming debt-free.
Sequestration is a legal process in Scotland where an individual’s assets are taken by a trustee to pay off their debts, effectively declaring them bankrupt. It provides a fresh start by clearing most debts after a period of three years, though it can impact the individual’s credit rating and financial future.
The Minimal Asset Process (MAP) is a simpler form of bankruptcy in Scotland designed for individuals with low assets and minimal disposable income. It allows them to be discharged from most debts after six months, offering a fresh start with fewer formalities and lower costs than standard sequestration.
We Listen.
Provide a safe and supportive environment to discuss your situation and your concerns
We Listen.
Provide a safe and supportive environment to discuss your situation and your concerns
We Understand.
We understand that talking about debt can be extremely difficult
We provide Advice.
We offer non-judgmental advice based on your circumstances
We Understand.
We understand that talking about debt can be extremely difficult
We provide Advice.
We offer non-judgmental advice based on your circumstances
How we help.
We know how crucial it is to ensure that you get the right guidance on all of the solutions which you are eligible for
How we help.
We know how crucial it is to ensure that you get the right guidance on all of the solutions which you are eligible for
We Recommend.
We guide you through the next steps towards financial stability
Together, we make a difference.
Support.
We provide support throughout your journey, to regain control of your finances and get your life back
We Recommend.
We guide you through the next steps towards financial stability
Together, we make a difference.
Support.
We provide support throughout your journey, to regain control of your finances and get your life back
More than a Debt Management Company
At Debt Advisory Services, we are your partners in achieving financial stability, committed to providing honest, ethical, and supportive advice every step of the way.
Let us help you regain control of your finances and get your life back on track.
Together, we make a difference.
Want to know more?
Unsure about which debt solution is right for you?
At Debt Advisory Services, we understand everyone’s financial situation is unique.