Debts on benefits. Write off up to 80% of debts
✓ Write off unaffordable debt
✓ One monthly repayment
✓ Only pay what you can afford
✓ Become debt free
Bennett Jones is associated with The Debt Advisor Limited who are authorised and regulated by the Financial Conduct Authority to provide debt advice. An IVA may not be suitable in all circumstances. Fees may 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%).
See if you are eligible
It’s important not to panic. There are options available, and with the right support, you can explore a suitable course of action for your circumstances.
It’s important not to panic. There are options available, and with the right support, you can explore a suitable course of action for your circumstances. Be sure to do your research to make sure you aren’t missing out on any benefits you’re eligible for. For more information on benefit qualifications, contact Jobcentre Plus.
If you have recently started claiming Jobseeker’s Allowance because you have found yourself unemployed, it may be worth explaining your situation to your creditors. In some instances, they could be prepared to alter the repayment obligations, especially if you can show job prospects on the horizon.
It can be difficult to successfully enter into a debt repayment agreement if you are not earning a regular income. In Scotland, for example, those on benefits do not ordinarily qualify for Trust Deed agreements. However, if you claim benefits in England or Wales, you may qualify for an Individual Voluntary Arrangement (IVA) – where you agree on a repayment plan with creditors over several years. Alternatively, you may qualify for a Debt Relief Order (DRO) or an informal debt management plan administered by an organisation, such as a charity.
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.
You can trust Bennett Jones to help you if you are struggling to pay your debts. 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.
Can Bennett Jones help me if I’m on benefits and need to pay debts?
Our team are always on hand to offer information that can help you deal with debt – even if you’re on benefits. Contact us on 0161 960 0054. Otherwise, complete the contact form to request a callback.
Bennett Jones’ role in your financial recovery
Bennett Jones can investigate what you’re spending, both personally and if you are self-employed in your business, and help you understand whether an Individual Voluntary Arrangement (IVA) is the solution you need.
We are proud of our 5* Trustpilot reviews
June 2024, Lynne
Patient and understanding debt management advice. From the beginning to the end of my five year journey to take control of my debt everyone at Bennett Jones have been nothing but kind and supportive. Always supporting me without making me feel uncomfortable about my circumstances and explaining everything very patiently, showing understanding of how difficult this can be for someone to undertake and guiding me gently through concerns and daft questions. Thank you for your assistance in taking back control and making a fresh start after a particularly challenging time in my life.
May 2024, Adam
I would like to thank Bennett Jones for helping me with my IVA proposal. I'm a glass half full person but the realities of life and unforseen circumstances with finances had taken its toll. Bennett Jones have helped me to have a fresh start and take control back of my finances. It's a huge load lifted off my shoulders.......
April 2024, Beverley
I would like to thank Bennett Jones for all their help over the past 5 years.. I was in a pretty dark place financially. And through the debt advice helpline I found Bennett Jones.. From start to finish they have been professional sympathetic and always helpful. I've recommended friends who are also happy with their service. If I could give more than 5 stars I would.