Oxford Debt Advice Helpline
Oxford Free Debt Advice Centre caters for the growing need for debt advice in Oxford including Individual Voluntary Arrangement, IVA or Debt Management Plan and other debt solutions. Call the Oxford Debt Free Helpline on 0800 169 1536 or visit the Oxford Debt Advice Centre.
Oxford is a city, and the county town of Oxfordshire, in South East England. The city has a population of just under 165,000, with 151,000 living within the district boundary. The rivers Cherwell and Thames run through Oxford and meet south of the city centre. For a distance of some 10 miles (16 km) along the river, in the vicinity of Oxford, the Thames is known as The Isis.
Research performed by Oxford Debt Free Helpline shows that the number of bankruptcies in Oxford has increased by 25% over the last 12 months. This is higher than the national average increase of 17% Oxford has mirrored the rest of the UK in seeing the level of consumer debt increase rapidly over the last 10 years. For all Oxford households identified as being at risk of financial distress credit is being used to bridge the gap between income and expenditure. For those on low incomes, credit is incurred to meet subsistence needs but for higher income households large mortgage payments have driven the use of credit 1 in 33 people in work - estimated to become unemployed this year £58,350 - average household debt £189 million - interest paid in the UK every day every 10 minutes - a property is repossessed 3,000 people - made redundant every day 1 person every 4.5 minutes - declared bankrupt or insolvent £84 million interest - daily amount the Government pays of our national debt * source: Credit Action
Debt Statistics - Oxford
Striking Numbers - National*
The primary purpose of the Oxford Debt Free Helpline is to provide free debt advice to the general public on the full range of personal and corporate debt solutions. Our expert team has a wealth of industry experience across all sectors and work with organisations of every size on a local and national basis.
The following is a list of districts in and around Oxford covered by the Oxford Debt Free Helpline:
Oxford Debt Free Helpline focuses on delivering client driven services providing constructive, innovative and cost-effective solutions to individuals with debt problems and to owners of financially distressed businesses.
Services Offered:
Oxford Debt Free Helpline provide a comprehensive range of services aimed at delivering value-driven practical debt solutions.
- Individual Voluntary Arrangement Service
- Bankruptcy Annulment Service
- Bankruptcy Petition Service
- General Debt Advice
If you live in Oxford and think that an Individual Voluntary Arrangement - IVA might be the right debt solution for you then by engaging Oxford Debt Free Helpline's services they will help guide you through the whole process including:
• review your current financial circumstances and confirm whether or not an IVA is appropriate for you
• provide information on all options and the pros and cons relating to each debt solution and their key features
• draft your IVA proposals with a view to getting the best deal for you
• take into account existing criteria used by creditors in assessing your proposals including budgeted income and expenditure guidelines
• where appropriate, they will meet you to discuss the proposals and other debt options
• their licensed Insolvency Practitioner will act as your Nominee. He will convene the requisite meeting of creditors, obtain their votes and report upon the outcome as well as accept appointment as Supervisor
Getting in touch with an insolvency expert for free debt advice is as easy as picking up the phone. Call the Oxford Debt Free Helpline on free phone 0800 169 1536.
If you would like one of their experts to contact you to discuss your financial position and how they can help, please send your details so we can arrange a call back at a time that is convenient to you.
If you are not sure about the extent of your problem then try filling in our online Debt Calculator. This will help you calculate how much money you have left over each month to pay your debts