FIND OUT HOW YOU CAN REDUCE YOUR PAYMENTS
DEBT SOLUTIONS
DEBT MANAGEMENT (DMP)
Lower monthly payments
For debts from £1,000+
Flexible for your needs
Payments based on what you can afford
IVA
Write off problem debt
Usually lasts 60 months
Payments based on what you can afford
BANKRUPTCY
When you can no longer afford to pay your debts
Allows for a fresh start
Can be dealt with in as little as 12 months
Stops creditor harassment
DEBT RELIEF ORDER (DRO)
When you can no longer afford to pay your debts
For debts Below £50,000
For people with little or no assets (up to £4,000)
Usually completed in 12 months
HOW WE CAN HELP
There are many ways to address personal debt problems in the UK, so it can be confusing trying to figure which solution is best for your situation. At KRA consultancy we will give you a brief description on solutions and signpost you to organisations who maybe able to help.
WORK OUT YOUR NEW POTENTIAL
MONTHLY DEBT REPAYMENT
CASE STUDY
NAME: MISS N TOTAL DEBT: £38,000 (APPROX)
Our client was struggling with monthly debt repayments of £785. After assessment it was determined that an IVA was her most suitable option which she decided to proceed with. Her payments were reduced down to a more affordable £260 per…
NAME: MR K TOTAL DEBT: £10,860 (APPROX)
Our client was struggling with total debt repayments of £560 per month. After hearing his options he decided to go for a more informal solution, a Debt Management Plan. His payments were reduced down to £200 per month and interest…
NAME: MR S & MISS W TOTAL DEBT: £46,000 (APPROX)
Our clients were struggling with combined payments of £700 per month on their debts. They entered into an interlocking IVA, with reduced payments of £300 per month. A year later they proposed a remortgage and raised £19,000 which creditors accepted…
“ Thank you all for helping me out of a difficult time with my finances! Now that my debts are affordable I can stop stressing about how I'm going to get by each month! Great service from a great company. ”
5 STAR SERVICE “ Going from being hounded day and night to nothing was just brilliant. Thank you to Marie for being amazing. Wouldn't hesitate recommending this company to anyone. ”
JUST BRILLIANT
“ From the moment I spoke to Peter on the phone I felt like a great weight was lifted off my shoulders. He arranged everything for me at the start so that they could talk to the banks asap. I'm 4 months in and have absolutely no complaints. Thank you so much. ”
LIFESAVERS