We are a debt solutions provider, currently helping thousands of UK residents with unaffordable debt. If you are struggling to meet your repayments we can offer advice, irrespective of your debt level. Depending on your circumstances and the solutions available to you, you may be eligible for a proportion of your debt to be completely and legally written off.

Fill in the form and choose how you wish to receive advice. Depending on your situation, we can offer advice and set up solutions without the need for a phone call. So, select “Online & via Email” if you struggle with discussing your situation over the phone and we will email details on how to register and get started today.

You will only be contacted by our team and no other provider. There is no obligation to enter any solution, and all our advice is completely free.

About Angel Advance

Angel Advance is a debt solutions company based in the UK. We are authorised and regulated by the Financial Conduct Authority to give debt advice and administer Debt Management Plans (DMP's).

We also employ an Insolvency Practitioner and Approved Intermediaries. These are specialists who can help you to apply for certain solutions (Individual Voluntary Arrangements or Debt Relief Orders) and provide tailored support.

As part of our service, we would like to send you updates about the latest products & services that may be of interest to you. You can opt-in by simply selecting how you would like to receive updates from us.

For more information on how we will use your personal information you can read our privacy policy here

About Angel Advance

Angel Advance is a debt solutions company based in the UK. We are authorised and regulated by the Financial Conduct Authority to give debt advice and administer Debt Management Plans (DMP's).

We also employ an Insolvency Practitioner and Approved Intermediaries. These are specialists who can help you to apply for certain solutions (Individual Voluntary Arrangements or Debt Relief Orders) and provide tailored support.

At Angel Advance we can talk to you about your debt problems over the phone or, in some cases, by email. Our advisors are knowledgeable and compassionate. It's very likely that they will have dealt with people in similar situations to yours before. We never judge or pressure, just listen, ask questions, and find the best solution for you.

The first step is to look at your income and outgoings and see what you can afford to pay towards your debts each month. We'll make sure that you have enough to cover all of your essential bills, shopping and any thing else that you need to pay for to maintain a good quality of living. If you want to prepare for your conversation with us, you can start to think about where your money goes each month and make a list of your main bills. We'll also ask about your household and any assets you have, like your home or vehicles.

Once we know the full picture, we'll let you know which options you have and how to best achieve your long-term goals. It's then completely up to you about which option, if any, you choose.

If you choose a solution that we can offer, and subject to you being able to provide us with the information and documents we need, it's possible for us to contact your creditors almost straight away. We can let your creditors know that you're getting help with your debts and ask for them to stop contacting you.

A debt management plan administered by Angel Advance could be set up in a matter of days (sometimes, on the same day you get advice). An Individual Voluntary Arrangement or Debt Relief Order will take a little bit longer because there's a formal process to be followed.

If you choose a solution which we can't provide, we can let you know how to proceed and give you a copy of the information we've collected, and our recommendation, to take with you.

There may be things that you can do yourself to help with your debt problems, like budgeting for example. But if you're going to need support in reducing your payments and dealing with your creditors, how you do this will depend on a variety of factors such as where you live, the amount and type of debt you have, your assets and what you do for work.

Please read on for information about debt solutions, including links to our main website for full details.

If you can't afford your payments and need to reduce them, your credit file will be affected. However, if you've fallen behind with your repayments, this could already be happening.

The impact to your credit file will depend on the solution you choose. Some solutions, like bankruptcy or an IVA, will show on your credit file for 6 years and will prevent you from getting credit during this time. The impact of a debt management plan will depend on how each of your lenders decides to report on your account. The immediate impact may be less severe but your credit file could be impacted for much longer.

Debt solutions generally require a commitment from you to not borrow any more money until your solution ends, so your credit file may not be that important to you during this period. Once your problem debt is dealt with you can start rebuilding your credit rating so the sooner you deal with your debts the better.

When looking for help with your debt, you may come across adverts for 'government backed debt solutions' or 'write off over 90% of your debt'. These may seem quite appealing, but they are not new or exclusive to those firms.

The solutions that are actually being advertised are IVAs, Bankruptcy and Debt Relief Orders. These solutions are all overseen by the Insolvency Service, a government agency which helps to tackle financial distress. Any regulated advice agency can talk to you about these solutions and offer you information and support in applying for them. You should also be aware that the level of write off in a solution, if any, will be based on the solution which you choose and your individual situation. In an IVA, for example, it would be extremely unlikely for 90% of debt to be written off; 50% would be far more realistic.

Before choosing a debt advisor, check that they are regulated by the Financial Conduct Authority to offer 'debt counselling' and 'debt adjusting'. This means that they can give debt advice and offer debt solutions; if they are not regulated, you may receive inaccurate information, or they may only tell you about what they can offer which may not be the best option for you.

Debt Management Plans (DMPs) help those that are struggling to meet their minimum credit repayments, such as store cards, loans and credit cards, to manage their lenders and repay all of their debt without further borrowing or trying to live on an unrealistic budget.

If you chose a DMP you'd make one monthly payment which Angel Advance would split between your creditors to make payments on your behalf. We'd ask your creditors to stop charging you interest so you can repay the balance more quickly, and we'd manage all contact with them on your behalf. In return, you'd pay a fee to us which we'd take from your monthly payment.

A DMP is a flexible arrangement so monthly repayments can be adjusted according to your circumstances, and changes can be made online or by phone. Your DMP can be amended to reflect your improved budgeting over time and to repay your debts more quickly.

A DMP can be used as a temporary solution or, in some cases, a longer-term solution if your situation doesn't allow you to consider other options. Angel Advance has a very good level of success in agreeing with creditors to freeze interest and charges. At the end of 2018, interest and charges were frozen for 99.15% of more than 40,000 debts.

For more information, including the criteria and advantages and disadvantages of a DMP, please click here

*Stats based on all Angel Advance debt management customers who had been on plan for 3 or more months.

An Individual Voluntary Arrangement (IVA) is a legally binding agreement between a person and their lenders for the individual to pay as much as they can towards the debts over a set period of time, and for the creditors to cease contact with them during that period, then write off any remaining debt at the end.

If you chose an IVA with Angel Advance, you would make one payment each month, usually for 5 years, towards the debts. You'd be supported by our Insolvency Practitioner (a regulated professional specialising in insolvency), Janet Mayo, whose job it is to make sure that the arrangement between you and your lenders is fair to everyone and, above all, realistic and sustainable for you.

This is reflected in our extremely low failure rates for IVA. In 2018, 0% of IVAs failed in the first year, and only 6% in the second year. The industry average is 18% failure within the first 2 years. If your IVA fails before completion, you could find that very little has been cleared from your debt.

For more information, including the criteria, advantages and disadvantages, and information about what it means when a IVA fails, please click here

A Debt Relief Order (DRO) is designed to help people who have a fairly low level of debt and very few assets and very little to offer their lenders. If a DRO is approved the lenders would write off the full amount of any debt outstanding after a year.

If you chose a DRO with Angel Advance you would need to pay an application fee, but you wouldn't make any more payments towards your debts after that and your creditors wouldn't be able to contact you. A DRO application can only be made with the support of one of our Approved Intermediaries which are DRO specialists. There would be restrictions on you during the DRO period, such as not borrowing any more money or being a director of a limited company, and if your situation changes or if you break any of the rules, the DRO might be withdrawn.

For more information, including the criteria, restrictions, advantages and disadvantages, and information about what it means when a DRO is revoked, please click here

Bankruptcy is a formal insolvency procedure – insolvency meaning that an individual has more debts than assets (property) and can't afford to repay their debts. Once a bankruptcy application is approved, the creditors can't take any further action and must write off the debts once the bankruptcy is complete (discharged). Unlike a DRO, there is no limit on the amount of debt or assets that an individual can have.

If you chose to apply for bankruptcy, you would complete an application online at www.gov.uk/bankruptcy. You'd have to provide information about your income, expenses and assets, and pay an application fee. Your application would be reviewed by an Official Receiver (an officer for the courts) who would investigate your financial situation and take control of any assets that you own. These assets – with some exceptions – will be sold to repay your debts.

If you are able to, you may need to make repayments for 3 years.

For more information on the criteria, restrictions, advantages and disadvantages of Bankruptcy, please click here

Protected Trust Deeds, or 'PTDs', are exclusively available to residents of Scotland who are finding it difficult to repay their unsecured debts of over £5,000 (if you live elsewhere in the UK, an IVA is a similar solution). The solution offers a structured repayment plan and way out of unmanageable debt situations, but applicants need to meet specific criteria in order to qualify.

A Protected Trust Deed is a legally binding agreement made with your unsecured creditors to make reduced monthly debt repayments at an affordable rate over a set period (generally 4 years). Outstanding balances on debts included in your PTD are usually written off at the end of the term.

For more information on the advantages and disadvantages of a Protected Trust Deeds, please click here

As part of a Debt Arrangement Scheme (DAS), a Debt Payment Programme (DPP) allows you to repay your debts by making one monthly payment of the amount which you have left over each month after paying your essential bills and expenses. You will pay this amount until the debts are cleared, provided that this will happen within a reasonable period. Your creditors cannot contact you about payments or arrears if you are the subject of a DPP, and they will have to freeze interest and charges on your debts.

For more information on the advantages and disadvantages of a Debt Arrangement Scheme, please click here

Sequestration is the Scottish legal term for bankruptcy. Sequestration would require you to transfer all of your assets and property to a trustee who will sell these assets to pay your creditors. You can only apply for sequestration if you owe more than £1500 and have not been made bankrupt in the last 5 years. You must be unable to meet repayments to your debts as they fall due. Sequestration usually lasts for a year, after which period any remaining debts will be written off and you will be discharged.

The Minimal Asset Process (MAP) is a way into sequestration for people with a fairly low amount of debt, low assets and very low, or no, affordability. Once a MAP application is approved, the creditors can't take any further action and they'd have to write off the debt at the end of the MAP period – 6 months.

For more information on the advantages and disadvantages of Sequestration, please click here