How does debt reduction work?
Over the years, The Debt People have helped many thousands of people, in financial difficulty, to solve their debt problems. We specialise in providing debt reduction programmes, such as IVAs (Individual Voluntary Arrangements) and Debt Management Plans. When you contact The Debt People, you will speak to a trained adviser, who will explain all of the different debt reduction options that are available. Once they have analysed your personal financial circumstances, they will recommend the most appropriate solution for your situation. With our help, your debt problems could soon be a thing of the past. To begin with, the adviser will work out how much money you spend each month – before you’ve started paying anything towards your unsecured debts. They will also consider how much money you have available (wages, benefits etc). This gives us your disposable income – which is the amount you have available to repay to the people you owe money to. Depending on your circumstances, we may offe
