Please find below a list of useful debt tools, information and general advice.
– Debt Solution Comparison Table
– Household Budget Calculator
Debt Solution Comparison Table
Debt Management IVA Debt Consolidation Debt Relief Order Bankruptcy Will my assets
(e.g. house) be protected? YES YES YES N/A NO Will interest be frozen? NOT
GUARANTEED YES NO YES YES Will it protect me from my creditors? NO YES NO YES YES Will any of my unsecured debts be written off? NO YES NO YES YES Will unwilling creditors have to cooperate? NO YES NO YES YES Is it a fixed term contract? NO YES YES YES YES Can I continue to spend as normal? NO NO YES NO NO Will I be able to obtain further credit during the term of the solution? AT A PREMIUM NO YES NO NO
Household Budget Calculator
Monthly Income Your wages (take home pay) £ .00 Partners wages (take home pay)
£ .00 Jobseekers allowance £ .00 Income support/pension credit £ .00 Tax Credits £ .00 Pension £ .00 Child Benefit £ .00 Incapacity Benefit £ .00 Other income e.g. lodging income
£ .00 Other £ .00 Monthly Outgoings Mortgage
£ .00
Additional Mortgages/Equity Release
£ .00
Mortgage Endowment Policies £ .00 Rent £ .00
Utility charges
Council Tax £ .00 Water Rates £ .00 Ground Rent or Service Charges £ .00 Gas £ .00 Electricity £ .00
Insurances and Other policies
Household Insurance £ .00 Other Insurance £ .00 Pet Insurance £ .00 Life Assurance £ .00 Pension £ .00
Legal Payments
Court Fines £ .00 Maintenance Payments £ .00
Travel costs
Hire Purchase Vehicle (car loan) £ .00 Car Tax £ .00 Car Insurance £ .00 MOT £ .00 Buses/Taxis £ .00ther payments
Housekeeping £ .00 TV Rental and Licence £ .00 School / Work Meals £ .00 Clothing £ .00 Laundry £ .00 Phone (inc Mobile Phone) £ .00 Prescriptions and other health costs £ .00 Childminders £ .00 Household Food Bill
£ .00
Other Payments £ .00 Your Personal Budget Results Total Income:
Total Outgoings: Total Left For Creditors:
