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  • Debt solutions
    • Debt Management Plan (DMP)
    • Individual Voluntary Arrangement (IVA)
    • Protected Trust Deed (PTD)
    • Debt Relief Order (DRO)
    • Debt Consolidation Loans
    • Bankruptcy
    • Remortgage
    • Minimal Asset Process (MAP)
    • Debt Arrangement Scheme
    • Administration Order
    • Sequestration
    • Settlement
    • Breathing Space
  • Types of Debt
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debt relief order

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People seeking debt help due to cost of living, more than doubles this year alone.

Industry News, Press ReleasesBy Adam WhilesAugust 12, 2022

Latest internal statistics at MoneyPlus show a sharp rise in cost of living related enquires and predict further rises later in 2022.

All statistics correct as of March 2023.

MoneyHelper

To find out more about managing your debt and receiving free debt advice visit https://www.moneyhelper.org.uk/en/money-troubles/dealing-with-debt/use-our-debt-advice-locator or read Options for paying off your debt.

Further Information

The insolvency service has produced a guide for people who are struggling with debt.

For residents of Scotland, the Scottish government have created the Debtors Advice Guide. For residents of Northern Ireland, you can read the government's Advice on managing debt.

© 2023 MoneyPlus Group. MoneyPlus Advice is a trading style of MoneyPlus Group Limited, which is authorised and regulated by the Financial Conduct Authority. Your payments into a Debt Management Plan are protected and compensation could be available from the Financial Services Compensation Scheme if there are any shortfalls in funds held on a customer's behalf. MoneyPlus Advice refers customers to MoneyPlus Insolvency Limited for Individual Voluntary Arrangements and Protected Trust Deeds. MoneyPlus Insolvency Limited is registered in England and Wales (08214793). Registered office: Riverside, New Bailey Street, Manchester, M3 5FS. Anel Andrew is authorised as a Licenced Insolvency Practitioner in the United Kingdom by the Institute of Chartered Accountants in England and Wales, Licence number 17170 and is bound the Insolvency Code of Ethics. Andrew Maak is employed by MoneyPlus and is licensed as an Insolvency Practitioner in the UK by the Insolvency Practitioners Association, IP Number 27452

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