Most people incur debt throughout their lifetime. Lending and borrowing are part and parcel of the modern economy – it’s only when you can’t pay back your debts that they become a problem.

There are many different types of debt, and listed here are some of the most common.

Loans, mortgages and credit cards

Loans, mortgages and credit cards are regarded as necessities but issues arise when repayments become problematic. More…

Home debts

Council tax and utility bills are compulsory debts for every homeowner – which is why setting up a payment plan is essential. More…

Income tax and VAT

Income tax and VAT are government debts – failing to pay can have serious consequences with HM Revenue & Customs. More…

Income tax and VAT

Income tax and VAT are government debts – failing to pay can have serious consequences with HM Revenue & Customs. More…

Debt collection

When your creditors send a debt collector to your property in an attempt to claim the money they’re entitled to. More…

Business debts

Cash flow is key when running a company. When expenses start to outweigh revenue, it’s vital to take fast action as business debts mount. More…

Family and joint debt

Joint and family debt agreements can be beneficial and can increase the likelihood of you being able to afford something important in the future. More…

Unlicensed street lenders

Loanshark borrowing is dangerous due to the harassment methods these people often use to chase debts. Interest rates are also sky-high.

Credit score

It’s hard to borrow without a good credit score. Your score is checked every time you apply for a loan. Access your credit report for free. More…

Manageable debts that can comfortably pay back over an agreed period are often a necessary part of life. But when debts become unmanageable, they becomes a problem. There are many ways debts can suddenly become unmanageable:-

  • Redundancy
  • Cut in hours
  • Unemployment
  • Illness, especially for the self-employed
  • Unexpected costs such as unexpected home repairs

Why choose Bennett Jones?

Bennett Jones has helped thousands of people solve their debt problems. We understand how stressful and difficult life is when you can’t pay your debts and your bills.

We specialise in Individual Voluntary Arrangements – a legal solution that allows for unaffordable debts to be written off. With an IVA from our team, you will make affordable repayments to your creditors over a fixed period, with the remaining debt written off at the end.

An Individual Voluntary Arrangement (IVA) is not suitable for everyone who needs help with their debts. There are alternative debt solutions available. The team at The Debt Advisor will consider all your options and help you to decide on the right solution for your circumstances.

We are proud of our 5* Trustpilot reviews

October 2024, Tony

5stars

Truly a breakthrough a company of people that actually care and understand your concerns of being in financial difficulties very understanding caring and acknowledging your feelings Craig who called me was very helpful and clear in all aspects of the situation and completely put me at ease from the start to finish highly recommend to any one who’s in financial difficulties

September 2024, Glen

5stars

I found Bennet Jones 5 years ago was really struggling financially. They helped me set up my IVA and the process from start to finish has been amazing. The support I have been given over the last 5 years goes above and beyond what I expected. Would highly recommended If your struggling with debt please don't bury your head in the sand it's an easy process for manageable payments every month and know more hiding behind the sofa. Thanks to everyone at Bennett Jones.

September 2024, Michelle

5stars

I was in a really dark place and didn’t think that I could go on- I saw Bennett Jones advertisement and decided to give them a call. From that moment on. I was not alone, they supported me from the first day and that dark place gradually became a little brighter. They are always there through out- they don’t abandon you at all. Now I have paid my final instalment and I feel amazing- the clouds are gone and I feel like a different person- the Bennett Jones team are absolutely incredible- a safety blanket that helps. Please never feel that no one can help- call Bennett Jones and your life will change for the better.

August 2024, Michael

5stars

Bennett Jones were such a good company they helped me with my IVA to get on top of my situation. Bennett Jones listened to what problems I was having especially when it was to do with work and contract and changing hours they gave me holiday periods and now my IVA has now finished. So, Bennett Jones thank you very much for your kindness and help while I was paying of my debts to creditors.