Debt Advice Articles
DAS freezes interest and charges on all the debts that are included, which can reduce the overall amount you are expected to repay.
A credit card taken out at university could take you well into your 40s to repay - but there is debt help available for graduates struggling with repayments.
Payday loans are unsecured debts that can be included in a Trust Deed, a form of insolvency that could help you to repay your unsecured debts in three years. Read more here.
The main difference between the LILA route into bankruptcy and other bankruptcies is how you qualify.
It's important to be aware of the pros and cons of a debt solution before deciding if it might be right for you. Here we look at the advantages & disadvantages of the LILA route into bankruptcy.
You can apply for a Wilson Andrews Trust Deed if you are retired, or due to retire, as long as it's affordable - and suitable for you.