Bridgewood Debt Solutions

0800 987 1040

Freephone (including all mobiles)

Find your debt solution today!

Call 0800 987 1040 free from all UK mobiles and landlines. Alternatively Request a Call Back

Debt Advice & Solutions

Because there are many types of debt problem, and different individual circumstances, we have put together a comprehensive range of solutions which you can find out more about below.

Get debt help now »

Debt Advice ‐ We're Here to Help

Nobody gets out of debt by ignoring the problem and the fact that you are reading our website means that you are on the right path to sorting things out. In our experience financial matters can be complicated, especially if other family members are involved too.

So if you are worried about your financial situation, the sooner you contact someone to get some professional advice and support the better.

Because there are many different types of debt problem, and different individual circumstances, we have put together a comprehensive range of solutions. As you might expect, some of these are complicated – but don’t worry, our Personal Financial Consultants will make sure you understand them, and their suitability in your situation.

The Debt Solutions We Offer

Debt Management Plan

A debt management plan is an arrangement between you and your creditors which allows you to repay your debts with a lower and more affordable monthly payment:

  • You only pay what you can afford - all your credit cards, loan repayments and other debts are reduced to one single, affordable monthly payment
  • The stress is removed - we deal with your creditors on your behalf, as well as any debt collectors or bailiffs
  • Charges are reduced - we will seek to arrange with your creditors to freeze interest and other charges

At Bridgewood we have close working relationships with the creditor community, which can be of great benefit in ensuring that the solution we propose on your behalf is responded to quickly and in an appropriate manner. Whilst they are not obliged to, we will negotiate with your creditors to freeze or reduce the interest and charges on your accounts wherever possible.

Learn more about Debt Management »


Individual Voluntary Arrangement (IVA)

An Individual Voluntary Arrangement (IVA) is a practical solution to dealing with an unmanageable debt – one which you worry you might never escape from without declaring yourself bankrupt.

An IVA is a legally binding agreement between you and your lenders. By accepting the IVA, they are agreeing to accept lower payments, not to pursue any legal action against you (including trying to make you bankrupt), and to write off any outstanding debt at the end of the IVA. You agree to pay as much as you can afford for the time agreed (usually 5 years):

  • You only pay what you can afford - all your credit cards, loan repayments and other debts are reduced to one single, affordable monthly payment
  • The total amount of debt you have to repay is reduced - as part of the agreement your creditors will normally agree to write off a significant part of your debt
  • You have a fixed end date – you will have an agreed date in the future when you know you will be debt free

Learn more about IVAs »


Bankruptcy Support

Bankruptcy can be a difficult and painful process to go through, but for some people it may be the only option. Bridgewood offers a Bankruptcy Support Service which gives you access to specialist advisors who will help and support you through:

  • Help you find an alternative – we will make sure that every other available option has been explored
  • Support you through the Process - our team of specialists can support you in filling out your bankruptcy application

Learn more about Bankruptcy Support »

257 Reviews
Service Rating:

Call us on freephone

0800 987 1040

or

We'll call you back


* = Required

Your privacy is important to us. All information submitted is treated in strictest confidence and we do not pass your details to any 3rd parties.

Submitting a call back request confirms that you have read and accept our Privacy Policy

« Return to Popular Links