If you are in serious debt and are being pursued by creditors and debt collectors, then it’s important that you know your rights. Equally a debt solution such as an IVA (Individual Voluntary Arrangement) or Debt Management Plan could be a way of protecting yourself from these people whilst also sorting out your debts.

Talk to the Debt Advice Trust, a registered UK not for profit organisation, and we’ll provide you with honest, impartial advice so that you know exactly where you stand in relation to your debt situation.

Fair and unfair practices

All creditors and debt collectors are expected to follow the Office of Fair Trading’s (OFT) guidelines (Debt Collector Guidance, July 2004), otherwise they risk losing their Consumer Credit Licence. These guidelines cover a range of issues to protect you from being exploited by creditors or becoming prey to unfair practices. If you think this may apply to you then call the Debt Advice Trust today for help on what to do.

Paying off your debts

Of course knowing your rights isn’t about trying to avoid paying off your debts. But you may need protecting from some over-zealous creditors should your debts become too unmanageable for you and they want their money back come what may! That’s why it’s far better to take action before things come to a head by calling the Debt Advice Trust for expert advice on a debt solution that’s right for you