5 Important General Questions to Ask:

1. General questions to ask anyone who is offering advice.

1. Do you advise and deal with all aspect of debt solutions? Or do you specialise in one aspect?
2. If I opt for any of the Debt solutions will you be able to help me?
3. Will you assist to complete the paperwork and advise me along the way?
4. Once the process has started can I call you for advice at anytime?
5. Will you see this through to the end with me?

2. If you opt to re-finance (re-mortgage or secured loan)

1. Will this option deal with my situation completely?

Remember you’re not looking for a quick fix.

2. Will it save me money?
1. Will I be better off monthly?
2. Will I be better off over the longer term?
3. Will I pay off all my debts?
3. Is the interest rate competitive?
4. What are the fees?
5. Are there any Early Redemption penalties (ERP) ?

3. If you opt for Debt Management

1. How long will it take to pay off the debts?
2. Will all the debts be cleared?
3. Will interest be added on the debts or not?
4. How much will I have to pay every month?
5. What will happen if my creditors don’t agree to the offer of payment?

4. If you opt to sell and rent back your property

1. Will I have an agreement to buy the property back?
2. Will this be registered with the Land registry?
3. Will I have a proper, long term tenancy agreement?
4. Will I have a fixed price to buy the property back?
5. Can I still do things to the property that I want to do?
1. You remain responsible for the property repairs and maintenance and you benefit from any improvements you make to the property

5. If you opt to go bankrupt or arrange an I.V.A

1. Can you deal with both bankruptcies and I.V.A’s or do you only deal with I.V.A’s?
2. How long do IVA’s and bankruptcies last?
3. What will happen to my assets if I go bankrupt? (My House, Car etc…)
4. Can I keep my car?
5. Can I keep my bank account?

I hope the above helps you on your way to solving your problems and I hope we can be a part of this process.

Please call us now on 0800 083 2515 or fill in our application form to arrange a free, no obligation, consultation and find out what options you have.