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The Debt Advisory Service was established to offer free confidential advice to individuals and businesses experiencing financial difficulty. With the help of our approved professionals, mortgage advisors, accountants, insolvency practitioners
and lawyers, we are able to offer you options which best suit your own individual circumstances.
We are not another Debt Management company and we do not charge fees to our clients for our services. We will explain all options available to you and help you make an informed choice. All information you give us will be treated in the strictest confidence. There will be no cost, pressure or obligation placed on you and the best advice will always be given in relation to your individual circumstances. Once your situation has been assessed we will refer you to one of our professional advisors.
If you don't keep up payments on your mortgage or your secured loan, your home may be at risk of repossession. Being threatened with property repossession can be very frightening. It is important not to panic however, as there are steps that can be taken to prevent it. There are many reasons for facing house repossession. Perhaps you are on the verge of bankruptcy. Maybe you have defaulted on a secured loan you took out on your property. Perhaps you've defaulted on the mortgage itself.
Whatever the reasons for your impending repossession, if there is equity stored up in your property, a quick remortgage to release that equity and pay off your lenders could be a way to save your home from repossession. Remortgaging can also assist with debt consolidation - helping to reorganise your financial affairs by transferring debts with high rates of interest to your mortgage - the cheapest way to borrow. Your new monthly repayments are likely to be considerably less than from all your existing debts. Although it's true that many high street lenders will be unwilling to offer any help to people who have fallen into arrears on their mortgage or loans because of the risk associated, there are specialist lenders who are prepared to help people in such circumstances. Even if you have come to an arrangement with your current lender to settle arrears you may still find it worthwhile speaking to our mortgage advisors about alternative moneysaving options.
All businesses encounter health problems but leaving them unchecked is a risky business. The sooner you seek advice the sooner the situation can be improved. In the past 12 months our business advisors have rescued more than 130 businesses saving hundreds of jobs and livelihoods. By getting the right advice at the right time, the majority of businesses can work through problems which at first may seem insurmountable. At the Debt Advisory Service we see formal insolvency as the option of last resort. The first priority is to focus on recovery and we believe that this approach is in tune with the spirit of the times and responsive to market demands.
For a free confidential consultation FREEPHONE 08000 191 278