Debt help to become debt free

There are debt solutions to repay what you can afford with the balance written off on successful completion. Bennett Jones Specialises in IVAs.

✓   Write off unaffordable debt*
✓   One monthly repayment
✓   Only pay what you can afford

An IVA may not be suitable in all circumstances. Fees apply. Entering into an IVA will affect your credit rating. You could write off up to 80% of your debts upon successful completion of an IVA.(10% of our customers wrote off 80% in the last 12 months, with a typical figure of 25%-75%).

Check if you qualify

Check if you are eligible for an IVA

Bennett Jones is here to help you regain control of your finances. We’ve helped thousands of customers become debt-free by using an  IVA. Complete the form above to get no-obligation debt help from our associated company The Debt Advisor Ltd.

Our relationship with The Debt Advisor

The Debt Advisor and Bennett Jones have common shareholders. The Debt Advisor Ltd is authorised by the Financial Conduct Authority to provide debt advice. There is no charge for initial advice provided by The Debt Advisor. Depending upon the solution that you choose, fees may apply.

provided

Read more below about the solutions to problem debt

IVA

An IVA is an approved fixed-term debt plan that was designed for people owing over £6,000. An IVA legally protects you from creditors and typically lasts for 5 years with you making one affordable monthly payment. You don’t need to worry anymore about your creditors contacting you.

Find out more

Debt Management Plan (DMP)

A Debt Management Plan (DMP) is an informal arrangement between you and your creditors which allows you to repay your debts, normally in full, at a rate that you can afford without relying on further borrowing.

Find out more

Debt relief order (DRO)

A Debt Relief Order is an official order granted by the official receiver that if approved will freeze your debts, interest and creditor recovery procedures for a period of 12 months. If after 12 months your situation has not changed then any unsecured debts will be written off.

Find out more
Bennett Jones

Debt consolidation

Debt consolidation generally means clearing your unsecured debts using funds raised by secured or unsecured loans, remortgaging your property or perhaps using equity release. The debts could include credit cards, loans, council tax or utility arrears or debts due to HMRC.

Find out more
An IVA can help your family out of debt

Bankruptcy

Bankruptcy is a form of insolvency which allows you to deal with debts you can no longer manage. It is most suitable for those with minimal assets and who cannot make minimum payments towards creditors.

Find out more

Breathing Space

The Government Debt Respite scheme came into effect in May 2021. It is a legally enforced Breathing space that allows you time to seek professional debt advice with the peace of mind that your creditors are unable to enforce or take legal action to recover the debts owed to them.

Find out more

IVA

An IVA is an approved fixed-term debt plan that was designed for people owing over £6,000. An IVA legally protects you from creditors and typically lasts for 5 years with you making one affordable monthly payment. You don’t need to worry anymore about your creditors contacting you.

Find out more

Debt Management Plan (DMP)

A Debt Management Plan (DMP) is an informal arrangement between you and your creditors which allows you to repay your debts, normally in full, at a rate that you can afford without relying on further borrowing.

Find out more

Debt relief order (DRO)

A Debt Relief Order is an official order granted by the official receiver that if approved will freeze your debts, interest and creditor recovery procedures for a period of 12 months. If after 12 months your situation has not changed then any unsecured debts will be written off.

Find out more

Debt consolidation

Debt consolidation generally means clearing your unsecured debts using funds raised by secured or unsecured loans, remortgaging your property or perhaps using equity release. The debts could include credit cards, loans, council tax or utility arrears or debts due to HMRC.

Find out more

Bankruptcy

Bankruptcy is a form of insolvency which allows you to deal with debts you can no longer manage. It is most suitable for those with minimal assets and who cannot make minimum payments towards creditors.

Find out more

Breathing Space

The Government Debt Respite scheme came into effect in May 2021. It is a legally enforced Breathing space that allows you time to seek professional debt advice with the peace of mind that your creditors are unable to enforce or take legal action to recover the debts owed to them.

Find out more
Debt help team at Bennet Jones
Check if you qualify for an IVA

Our team members have the knowledge, experience and professional qualifications to ensure you receive the guidance and support you need to navigate your journey to financial recovery. We comply with all statutory, regulatory and best practice obligations.