Debt Management »
We'll come up with a debt management solution based on your individual circumstances.
Debt Consolidation »
Our experts can guide you through the range of debt consolidation options available.
Debt Help »
Kensington Financial Management Consultants are experts in providing debt help.
IVAs »
If you have a significant debt problem, you may be eligible to begin this legal process.
Trust Deeds »
A Trust Deed can lead to a significant proportion of your debt being written off.
Bankruptcy »
A Debt Management Plan, IVA or Debt Consolidation should be considered first.
At Kensington Financial Management Consultants, we know how to make financial sense out of a financial mess. Debt consolidation and debt management solutions can help lift the fear, anxiety and stress of debt.
Realising you owe a lot of money to various lenders can be extremely frightening. It's tempting to stick your head in the sand and ignore a debt problem rather than face it head-on, but the longer you put off sorting out your finances, the deeper in debt you sink.
Debt Solutions we can offer
Debt Management Plan
- We will deal with your creditors, debt-collectors and bailiffs on your behalf
- All your credit card, loan repayments and other debts are reduced to one monthly payment
- We can often arrange to freeze interest and/or other charges
Debt Consolidation
- Allows you to consolidate your debts into a single affordable monthly payment
- Pay one lower monthly payment
- No affect on your credit rating
Individual Voluntary Arrangement
- Is a legal process allowing some debt to be written off
- Your debts must exceed £15,000 and you must have a regular income
- Available for homeowners and non-homeowner
- Arranged by a licensed Insolvency Practioner
- You may have to remortgage your house
- After the agreed period (3-5 years) your debts are wiped clean (though your credit rating may be affected for longer)
Don't wait for disaster: take a positive step and call our friendly debt experts on 0800 096 4409.
*However, if you decide to go ahead with a debt management plan with KFMC fees will be payable. For a detailed breakdown of these fees see section 5 in our Terms and Conditions.
Consumers in England and Wales may also wish to consult the Insolvency Service's debtor guide: "In debt? Dealing with your creditors"..
-
06 Jan 10
Debt management companies face improved regulation
The UK government is launching a consultation into the procedures of debt management companies. Kensington Financial Management Consultants welcome further industry regulation and are members of the Debt Resolution Forum – an organisation designed to increase standards within the industry.
-
17 Dec 09
Money problems top 2009 concerns
A recent survey conducted by Samaritans indicates that 48% of the UK population has worried about their money problems and debt in 2009.
-
01 Dec 09
Christmas moneysaving tips
A festive selection of tips to help you avoid debt this Christmas.
-
09 Nov 09
Bad credit card debts to increase
Bad credit card debts in the UK are set to soar to 9%, according to a recent report. As bad debts increase, the borrowing rates on cards may also soar and more consumers will seek debt consolidation solutions.
