Debt Resources > Debt Solutions
It’s a sad fact that more and more people are struggling with debt, particularly at a time when everyone is feeling the pinch. At Simple Financial Solutions we are experienced at helping people with their debt problems and can present the best options available to you.
Simple Financial Solutions do not charge for debt advice but we do charge for any services we provide in relation to debt solutions including:
Individual Voluntary Arrangements
Debt Management Plans
Scottish Trust Deeds
Bankruptcy
We list our fees for each product here. To discuss which route may best suit your circumstances call us on 0800 193 1024 to speak to one of our specialist advisors.
Free Debt Advice Services
The Money Advice Service is an independent service set up by the government to help people manage their money. If you would like to look at alternatives to Simple Financial Solutions, The Money Advice Service provides details of organisations that provide free debt advice and services. Click here for more information.
Trust Deed Example
Example Unsecured Debts
1 | Personal loan | £8,000 |
2 | Credit card 1 | £6,812 |
3 | Council Tax | £4,092 |
4 | HMRC Debts | £5,399 |
4 | Overpayments | £5,200 |
4 | Overdraft | £700 |
Total Owed | £30,204 |
Your Monthly Repayments Would Be
a Scottish Trust Deed £748
(total contractual repayments)
a Scottish Trust Deed £295
(total contractual repayments)
60%
* Subject to creditor acceptance
* Payment subject to individual circumstances
* Credit rating may be affected
* Fees apply, subject to individual's circumstances. For more information on our fees click here