One of the first things that needs to be done is actually sitting down and ascertaining how much Debt you actually have. This can be quite a painful experience or even quite a shock to see how much Debt is actually owed. At this time it is a good idea to list Creditors and Debts owed to each. This would be a requirement at a later stage if you decided on an IVA or other relevant solutions to your Debt problem.
 
A good course of action is to list the income coming into the home and then list the Debts and where the income goes. You decide whether this is done on a weekly, fortnightly or monthly basis. The important thing is to be truthful and honest.
 
Once you have undertaken this Debt exercise it is now imperative that you get the correct Debt Advice. ( Please see our methods of contact).
 
When neccessary we can put you in touch with relevant professional bodies who can then deal with your Debt problem. We work alongside Qualified Insolvency Practitioners and also experienced Mortgage Brokers who are used to dealing with Clients with Credit problems.