Debt Write Off

Legitimate And Simple Way Of Getting Out Of Debts

Start by applying to avail a debt help solution on SwiftDebtAssist, and take a step ahead to overcome your debts in a secure way.

Debt Assistance From Authorized Advisors

Get Relief From Debt Issues & Creditors

Waive Off Up To 80% Of Your Debt

Do It Now And Reduce Your Debts

£ 1000

How Do Debt Management Solutions Work?

Start By Applying Online

You will have to start by applying online on the SwiftDebtAssist website and submit a completely filled in form with all the needed details.

Start By Applying Online

Debt Advisors

The submitted form will be passed on to the authorized debt advisors in our network to process your request and provide the needed assistance.

Debt Advisors

Insolvency Practitioner

Your request will be passed to a licensed IP, who will study your situation, & will sketch debt write off plans with the creditors.

Insolvency Practitioner

Write Off Debts

If the creditors agree with the IP and the debt solution, your debts will be written off and you will have to repay only affordable amounts.

Debt Write Off

Having financial issues is no stranger to most households, and people keep availing financial aid to overcome these temporary issues. However, many a time, the repayment of these availed loans hits the bottom, and people find themselves in a debt spiral that not only affects their everyday life but will also affect their credit history for long. The Catch-22 is that you are not in a situation to repay your debts, and you can do nothing about it but just have them piling up. At such desperate times, you can avail the debt write off solutions in the UK, and write off your debts in a legal & secure way. By availing the right debt solutions, you can repay affordably to your creditors and manage your finances in a much better way. So, apply now with SwiftDebtAssist to avail the best-suited debt reduction plan and conquer your debts in a simple & favorable way.

Write off Debt Now

Representative Example For Debt Write Off

Assuming you have unsecured debts totaling to

£11,000

Your Monthly Repayments Before Write Off

£458

Your Monthly Repayments After 80% Write Off

£91

Now, Getting Over Your Debts
Is As Easy As Pie

Show My Debt Options

Various Debts You Can Write Off Using Our Debt Help Solutions

At SwiftDebtAssist, you can apply to avail the suitable debt reduction plan which when implemented can help you write off many different types of debts. Although most of them are unsecured debts, in a few cases, even secured debts can be written off. Here are a few types of debts that can be waived off with our solutions

Personal Loans

Personal Loans

Tax Debts

Tax Debts

National Insurance

National Insurance

Credit Cards

Credit Cards

Overdrafts

Overdrafts

Utility Bills

Utility Bills

Benefit Arrears

Benefit Arrears

Loans From Family Friends

Loans From Family/Friends

Frequently Asked Questions

Unless you can genuinely not afford to repay your debts, you are not eligible to avail a debt help solution. And to be eligible to avail a debt solution, you need to be a resident of the UK with a maximum outstanding debt of £20K, a maximum monthly disposable income of £50, and a total asset value of not more than £1000. If you are facing a situation with these parameters, you can apply to avail a suitable debt reduction plan and a licensed IP will analyze your issues to sort it with your creditors to write off the debts.
In the UK, there are diverse debt help solutions to write off debts. However, the referral terms and regulations change from place to place. The debt management services available in England, Wales, & N. Ireland include - Individual Voluntary Arrangement (IVA), Debt Management Plan (DMP), Debt Relief Order (DRO), Debt Consolidation, & Bankruptcy. In Scotland, they are the - Minimal Asset Process (MAP), Debt Arrangement Scheme (DAS), Protected Trust Deed (PTD), & Sequestration (the Scottish version of bankruptcy).
You, along with your IP will be the most suited people to decide the right debt help solution for you. Once you are eligible to avail a debt help solution, you can apply for it, and your IP will analyze your financial situation, your income levels, your debts, etc., and chalk out a suitable debt help solution. Your IP will work to sort out your debt issues with your creditors and will persuade them to write off most debts. If all goes well, a major chunk of your debts can be written off legally according to the debt management plan.
Every debt help solution is a private agreement that will proceed in between you, your creditor, and your IP. However, the details and information in regard to your debt help solution will be recorded in the Insolvency Register temporarily for a period of time that differs according to the availed debt solution. After the debt help solution term is completed successfully, the details will be removed from the database. However, there are chances that the creditors or other people can view your details while they are on the database by paying a certain amount of money, otherwise, the data is not visible to the public.

For more help and advice, visit the Money Advice Service, an independent service set up to help people manage their money. Or find out more about the different options for paying off your debt here. IVAs are not available in Scotland. Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk