Liverpool Debt Advice Helpline

Liverpool Free Debt Advice Centre caters for the growing need for debt advice in Liverpool including Individual Voluntary Arrangement, IVA or Debt Management Plan and other debt solutions. Call the Liverpool Debt Free Helpline on 0800 169 1536.

Liverpool is a city and metropolitan borough of Merseyside, England, along the eastern side of the Mersey Estuary. Liverpool has a population of 435,500, and lies at the centre of the wider Liverpool Urban Area, which has a population of 816,216. Liverpool has grown up as a major port. By the early 19th century, 40% of the world's trade passed through Liverpool's docks, contributing to Liverpool's rise as a major city. The economy of Liverpool is beginning to recover from its long, post-World War II decline. However, Liverpool is still comparatively poor; a 2001 report by CACI showed that Liverpool still had four of the ten poorest postcode districts in the country, and almost 30% of people aged 65 or over are without central heating..

Debt Statistics - Liverpool

Striking Numbers - National*

Research performed by Liverpool Debt Free Helpline shows that the number of Individual Voluntary Arrangements and bankruptcies in Liverpool has increased by 19% over the last 12 months. This is higher than the national average increase of 11%

Liverpool has mirrored the rest of the UK in seeing the level of consumer debt increase rapidly over the last 10 years.

For all Liverpool 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

The primary purpose of the Liverpool 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 Liverpool covered by the Liverpool Debt Free Helpline:

Bootle • Crosby • Haydock • Huyton-with-Roby • Litherland • Liverpool Prescot • St. Helens

Our Approach:

Liverpool 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:

Liverpool Debt Free Helpline provide a comprehensive range of services aimed at delivering value-driven practical debt solutions.

If you live in Liverpool and think that an Individual Voluntary Arrangement - IVA might be the right debt solution for you then by engaging Liverpool 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 Liverpool 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 (creditors)

DRS - Debt Restructuring Solutions

Liverpool Debt Advice Helpline