Debt Advice

Free debt advice from an impartial UK charity

Welcome to Debt Advice Foundation. We are a registered UK debt advice charity offering free, confidential support and advice to anyone worried about debt.  We can help you understand what options are available to you and because we're a charity, you can be sure that our advice is impartial and based solely on what is best for you.

As well as providing free debt advice to those that need help today, we also aim to prevent future debt problems through our research and financial education initiatives (Money Diaries) in UK schools.

Debt Advice

If you have problem debts, Debt Advice Foundation will help you find the solution that is right for you. Our aim is to help you:


  • Reduce your monthly repayments
  • Stop creditors taking enforcement action against you
  • Regain control of your finances

If you require advice on debt or need to talk to someone confidentially about your options, there's no need to wait or book an appointment, Debt Advice Foundation's Advisors are available Monday to Friday 8am to 8pm and Saturday 9am to 5pm on 0800 043 40 50.

GO TO THE SURVEY



Find out more about your options

Bankruptcy
All your debts are forgiven
After 12 months (typically) you are discharged from bankruptcy
The court can enforce an ‘income payments agreement’ for a further three years
Your home is at risk
Is this the right solution for you?
IVA
50% to 60% of debt is typically written off
Interest is frozen
Legally protects you from your creditors
Lasts for 60 months
You will have to keep to a fixed monthly budget
Is this the right solution for you?
Debt Management
One simple, affordable monthly repayment
Some of your creditors will agree to freeze interest
It is not a legally binding agreement
Commercial organisations can charge anything up to 15% of your monthly repayment
Is this the right solution for you?
Debt Consolidation
Lower monthly repayment
Easier to manage one monthly payment
The repayment period will increase
The total amount that you owe is likely to increase
Is this the right solution for you?
Debt Relief Order
Typically debts are discharged after 12 months, there's no need to go to court, debts must not exceed £15,000 and assets must not exceed £300.
Is this the right solution for you?

Case Studies

An Unexpected Illness
Published: 7th Aug 2009

My husband and I are in our late fifties and both of us have always valued our jobs. In particular, we liked the financial freedom that came with two incomes.

Featured Advisor

Justine McGinnis
The best thing about my job is that I get to help people who think they have nowhere else to turn.