How Can Action Today Help You?

Debt Management Plans

Allows you to reduce your monthly payments to your creditors. The repayments are based on the amount you can afford after a realistic income and expenditure has been established. Action Today representatives will work on your behalf, managing all creditor negotiations and correspondence and providing you with one contact point so you can resolve your debt problems and regain control of your life. For more information on this service visit the Debt Management section of this website.

Consolidation Loans

Depending on your personal circumstances, you may require to borrow a sum of money to pay off multiple creditors. This type of loan is known as a debt consolidation loan and works on the principle that the repayments on a single, large loan will be lower than the sum currently being paid to repay multiple creditors. Borrowing large sums of money is a serious financial commitment therefore it is advisable to discuss your circumstances with a debt advisor to establish all the options available to you. For more information on this service visit the Consolidation Loans section.

Remortgage Packages

Allow you to release equity on your property, or allow you to borrow a sum of money with a lower rate of interest than a debt consolidation loan so you can repay or reduce your debts. Remortgaging property is a serious financial commitment therefore it is advisable to discuss your circumstances with a debt advisor to establish all the options available to you. For more information on this service visit the Remortgage Packages section.

Individual Voluntary Arrangements

An Individual Voluntary Arrangement (IVA) is a formal proposal, made on behalf of the debtor by an insolvency practitioner. An arrangement is forged so that the debtor pays his/her creditors an arranged percentage of the overall outstanding amount, over a period of usually five years. At the end of the IVA term the outstanding debt is usually written off. Individual Voluntary Agreements are complex solutions therefore it is important before entering in to this type of agreement that you fully understand the issues surrounding this type of action. Action Today can provide guidance and support, for more information please visit the Individual Voluntary Arrangements section.

Help With Bankruptcy

Bankruptcy is seen as the last resort when you have insufficient funds to pay your creditors. You or one of your creditors can file for bankruptcy, but once you are declared bankrupt you are lightly to be locked in to it for many years. Before you make any decisions as to the suitability of declaring bankruptcy, you need to know the main effects that going bankrupt will have on your current and future finances. Action Today can provide all the information and support you need, for more information please visit the Help With Bankruptcy section.