Debt Solutions

Debt Solutions

There are many companies advertising lots of different debt solutions, such as debt management plans, IVAs, bankruptcy, loan consolidation…the list goes on and on.  But the question is, what would work for you and how can you be sure that the person you’re talking to is thinking about your best interests, not their profits?

More often than not, if you go to a specialist debt management company for help, you’ll be offered a debt management plan, even if it takes you 20 years to pay off your debts. Bad debt advice can often lead to an already difficult situation spiraling out of control.Even if you think you’ve found a debt solution that will work for you, do you know how long it will last, will it affect your employment, will it affect your credit rating, is it legally binding on all your creditors, does it prevent your creditors from taking further action against you, will your home be at risk and will you have to pay a fee

Details of Debt Solutions

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    Debt Management

    A Debt Management Plan (DMP) is an informal agreement between you and the people you owe money to. This means that unlike IVAs, DROs or Bankruptcy, they are not legally enforceable

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    Consolidation Loans

    Debt consolidation is the process whereby a single, larger loan is taken out to pay off multiple smaller debts.

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    Debt Relief Order

    Debt Relief Orders have many of the same advantages as bankruptcy. It usually lasts for a year and at the end of that period.

Our Testimonials

We used AVC to collect a debt out of northern Germany. AVC traced all the  owners of the debt across the EU and acted to retrieve the monies. We received 60% of the monies which was a result for us.


We were impressed with the efficiency and professionalism of the team at Sterling Outsourcing and we would have no hesitation in recommending them.They were responsive and effective.