Good news, you completed your application!

What happens next?

  • Your application will be assessed by a financial advisor
  • They will have to call you to verify some information
  • You can take a break and relax. You’ve earnt it!

These solutions could help you

Consolidation Loan

A consolidation loan can be a great solution to dealing with multiple debts

By taking out an amount equal to – or exceeding – the value of your combined debts, you could pay all these off while just focusing on one affordable monthly payment.


Want to write off your debts? An IVA could be a solution

An IVA (Individual Voluntary Arrangement) is a formal agreement to repay larger debts through affordable monthly amounts. Once the IVA ends, any remaining debts are written off.

Debt Management Plan

Take your non-priority debts and make them a memory

Ideal for mounting expenses such as credit card debt, this informal agreement allows you to repay your creditors through affordable monthly amounts.


Want a fresh start? Bankruptcy could be the best option

If you can’t afford to pay your creditors, bankruptcy might be the best way to resolve your financial situation and get you back in the black.

Trust Deed

A unique debt solution for Scottish residents

If you live in Scotland, a Trust Deed can freeze interest rates and stop creditors from taking legal action against you. This debt solution is similar to an IVA.

Debt Relief Order

Got limited assets? This could still write off your debts

A Debt Relief Order can be a great option for those with few assets or spare income. Once this arrangement comes to an end – and if your situation hasn’t changed – debts are written off.

Debt Arrangement Scheme

A government scheme to help you resolve your debts

Only available to residents to Scotland, this scheme is very similar to a debt management plan. It also freezes interest rates and prevents creditors from taking action against you.

Administration Order

A legally binding arrangement we can help you with

If one of your creditors has already taken legal action against you, an Administration Order can help you resolve your debts and get you back in the black.

© 2021 MoneyFixers. All Rights Reserved

MoneyFixers is a trading style of Financial Support Systems Limited.
Registered Office: Bridgewater House, Whitworth Street, Manchester.
Registered in England and Wales Registration number 10778048. Data Protection Registration Number ZA50309.

James Gibson is authorised to act as an Insolvency Practitioner in the UK by the Institute of Chartered Accountants in England and Wales. Subject to eligibility and acceptance. Fees Payable. Debt write-off applies to unsecured debts only and on completion of an IVA. Your ability to obtain credit will be affected for the medium to long term. Homeowners may be required to release the equity in their property, if unable to release equity and equity is available creditors may request an additional 12 months payments in compensation.

Financial Support Systems Ltd provides insolvency solutions to individuals, specialising in IVA. Advice and information on alternative options will be provided following an initial fact find where the individual(s) concerned meets the criteria for an IVA and wishes to pursue it further. All advice given on any alternative options is therefore provided in reasonable contemplation of an insolvency appointment.

The Money Advice Service is a free service set up by the Government to help people make the most of their money. If you would like to learn more click here.