Individuals

If You Have Debt Problems - We Can Help

We know how easy it can be for you to find yourself in financial difficulty and we understand the stress and anxiety it can cause to you and your family. Whether your debts are as a result of overextending on credit cards and loans or are as a result of personal guarantees from a failed business, we can help you.

We understand that everyone’s situation is different and our experienced team is qualified to assess your individual circumstances and guide you through the best options available to you. We will give you friendly and practical advice that is right for you on a no obligation, no cost basis. Please call our Confidential Helpline On 0800 068 68 57 during office hours and a member of our team will help you today. Alternatively email us on advice@hartshaw.co.uk and we will call you back at a convenient time for you.

The options available to you will include:-

• Re-mortgaging your property in order to consolidate your debts on a sensible and more affordable basis. We can help you achieve this.
• Entering into an Individual Voluntary Arrangement (IVA) with your creditors in satisfaction of your debts. In an IVA the interest on your debts will be frozen and you will pay only what you can afford. At the end of the IVA your remaining debts will be written off in full and you will be debt free. Typically creditors will receive 25 to 50% of their money and the rest is written off. We can prepare proposals for an IVA for you and deal with your creditors on your behalf.
• If an IVA is not appropriate, Bankruptcy may be the best option for you.

We see a lot of people with debts totalling £30,000 and more and at this level the minimum payment can be more than the individuals disposable income. Quite simply they are caught in the debt trap and the only way they can keep going is to borrow more. Of course by doing this their problems only get worse as they get deeper into debt.

Please remember that doing nothing is never a good option as your problems will only get worse. The sooner you take advice the sooner your problems will be resolved.