Do these apply to you?
Frequently Asked Questions
Do you provide loans?
No, we do not provide loans. We provide debt consolidation services which allow you to satisfy your current obligations without incurring more debt. We provide an alternative to loans.
What is an Individual Voluntary Arrangement (IVA)?
An IVA is a less formal procedure open to individuals who are experiencing solvency problems. The procedure is governed under The Insolvency Act (1986). It is a legal process that enables the individual to reduce the amount of money they owe, stop any further interest charges and reduce the monthly payments they have been making. The procedure is extremely flexible and varies from case to case.
Do you charge a fee?
No, unlike other debt management companies the UK Insolvency Helpline does not charge its customers a fee. The company actively represents various professional firms throughout the country.
These professional firms consist of; Accountants, Lawyers, Business Recovery Specialists and Insolvency Practitioners. Each firm is charged a fee to subscribe to our service.
Are you a collection agency?
No, we work for you and reduce the amount you pay . The moment you join we deal with your creditors to the point that if you receive a 'brown' envelope or a threatening telephone call we will deal with them.
Do you repair credit?
Through the use of our services, your credit rating will repair itself. We do not repair a negative credit history - no one can. We can however, guarantee a brighter future.
What about loans on houses and cars ?
We only work with unsecured debt, which is basically debts that are not secured by an asset.
Why should I use your company?
Because we use professionals such as qualified accountants, lawyers and licenced insolvency practitioners, their qualifications guarantee you an expert, professional service.
With The UK Insolvency Helpline you enter into a legal agreement whereby you are protected. Beware of other firms who use informal arrangements by which you are not protected from your creditors. We can have a qualified professional acting for you and on your side today.