To find out more about managing your money and getting free advice, visit Money Advice Service, independent service set up to help people manage their money.
About UK Debt Expert
UK Debt Expert is a debt advice company based in the UK.
Address – 145 St Vincent Street, Glasgow, G2 5JF
Katy Walker is a licensed Insolvency Practitioner (IP – Registered with the Insolvency Practitioners Association – IP Number (9527)
Typically you can expect to write off between 30% and 75%, however this will differ based on individual circumstances. 81% write off has been achieved in 10% of cases*
The product (IVA) which we administer and process with our in house Insolvency practitioner is covered under the following legislation: The Insolvency Act of 1986 (amended by the Insolvency Act 2000 and the Enterprise Act 2002) introduced a new procedure whereby a debtor could come to an arrangement with his/her creditors to pay his/her debts in full or in part over time as an alternative to bankruptcy. Your debt help application will be processed by one of our expert debt advisors working on a model of non advice. These in-house advisors will be able to go through all your debt options including IVA (Individual Voluntary Arrangement) opportunities which are available for people living in England, Wales and Northern Ireland. Help can only be offered following an initial fact-finding process. If an individual meets the required criteria for an IVA, advice can then be provided.