With over a decade of experience providing debt advice and assistance to clients throughout the UK, Spencer Hayes is here to help you find the best solution for your financial circumstances. We offer a confidential service and can advise you on all money matters no matter how bad you think things are.
Our debt counsellors are fully qualified and follow Law Society and FSA Guidelines to give 'best advice' at all times. This means we work solely in your interests to advise you on the best arrangement for you.
Based in Blackburn, Lancashire Spencer Hayes provides a freephone debt helpline. With just a quick no obligation phone call we can give you the peace of mind to sleep easier tonight knowing that there is a solution to your money troubles. More importantly, you are being looked after by professionals who are completely dedicated to helping you to overcome your financial difficulties.
If you live in the UK and are struggling with debts there is a solution to suit you, whatever your personal circumstances. Our counsellors can advise on all available options including -
Restructure your debts and reduce your monthly repayments
For people struggling to keep up with their debt repayments a Debt Management Plan can be a great option. In a Debt Management Plan your repayments are reduced to an amount you can realistically afford given your current income and outgoings. Your debts are restructured so that you need make only one single payment each month and so helping to make your finances much easier to manage. Many types of debt including credit cards and loans can be included in this arrangement.
Spencer Hayes are happy to offer a complete Debt Management service. We will negotiate with your creditors on your behalf and manage the arrangement from start to finish including regular reviews to ensure that you are able to repay your debts both comfortably and responsibly.
Find out more - Debt Management Plans
Clear your debts in five years or less
If you have large amounts of unsecured debt that you can no longer afford to repay then an IVA could be the best option for you. Introduced by the government over twenty five years ago, IVAs offer a genuine alternative for people who would otherwise have no option but to declare bankruptcy.
An IVA is a legally binding agreement between yourself and your creditors in which you make a single reduced monthly repayment for a fixed period of time. In return at the end of this period your creditors agree to write off any remaining unpaid debt.
Spencer Hayes will refer you to our licensed Insolvency Practice who will deal directly with your creditors and manage your IVA from beginning to end.
Find out more - Individual Voluntary Arrangement
Deal with debts you can't afford to repay
Personal bankruptcy is the ultimate way of dealing with debts that you can no longer afford to repay. Bankruptcy proceedings are designed to free you from overwhelming debts so you can make a fresh start, subject to certain restrictions.
At Spencer Hayes we are fully authorised to provide advice on all matters relating to personal bankruptcy. Our counsellors can assist you with all aspects of becoming bankrupt and where appropriate advise you on its alternatives.
Find out more - Bankruptcy
We are also able to provide expert advice on Administration Orders, Full and Final Offers and Scottish Trust Deeds.
Whether you have problems with credit cards, store cards, personal loans or overdrafts we can help you to find a solution.
Call us today for debt counselling and advice or simply fill in our "Free Debt Assessment" form on this page and we will call you back at a time convenient to you.
Please note that our initial assessment and advice is completely free, confidential and without obligation. Fees however will apply should you decide to take advantage of one of our debt restructuring services.