Struggling with debt?
Our expert team specializes in debt solutions and IVA assistance, helping you regain control of your finances and secure a debt-free future.
- Write off unmanageable debt
- Consolidate your payments
- Decrease your debt repayments
- May not be suitable in all circumstances. Fees and disadvantages may apply, read more.
Which type of debt is causing you the most concern?
Credit Card Debt
A bank-issued credit lets you buy goods within a pre-approved spending limit.
Unsecured Personal Loans
A loan without collateral, approved based on your credit score and financial history.
Retail Store Cards
Bank credit lets you pay for goods within a pre-agreed limit, repaid later.
Bank Overdrafts
A bank overdraft lets you spend more than your account balance, up to a limit.
Individual Personal Loans
Borrowed funds you owe to friends or family, often without formal terms.
Household Utility Bills
Monthly bills for essential services like gas, electricity, water, and heating.
Expert Debt Consolidation Made Simple
At RMS Financial, we specialize in debt consolidation, helping individuals combine their debts into a single, manageable payment. With our expert guidance, we work to reduce your interest rates and monthly payments, providing a clear path toward financial stability and peace of mind. Our dedicated team is committed to supporting you every step of the way.
- Write off unmanageable debt
- Consolidate your payments
- Decrease your debt repayments
- Freeze interest and charges
- Stop contact from your creditors
Financial Guidance – Experts in Debt Solutions & IVA Specialists
Explore UK debt solutions below, or contact RMS Financial for expert advice on how an IVA could help you reduce significant portions of your unsecured debt.
IVA
An Individual Voluntary Arrangement (IVA) is a legally binding contract between you and your creditors, allowing you to repay your debts at a manageable rate, typically over 60 months. Once completed, an IVA can help you eliminate up to 78% of your outstanding debt.*
Debt Management
Debt Management involves working out agreements with your creditors to lower your monthly payments, typically with the assistance of a debt management company.
Bankruptcy
Bankruptcy is often seen as a last resort, but it can be a powerful solution for those facing extreme financial hardship, as it allows for the discharge of all included debts.
Debt Relief Order
A Debt Relief Order (DRO) is an option for non-homeowners that allows certain debts to be written off, similar to bankruptcy. This solution is designed for individuals who are unable to repay their creditors, possess minimal assets, and have debts totaling up to £50,000.
Scottish Solutions
If you reside in Scotland, your options differ from those in the rest of the UK, including alternatives such as a Trust Deed, Debt Arrangement Scheme (DAS), and Sequestration.
We are RMS Financial.
Reasons to Select Us
We offer practical and ethical guidance on Individual Voluntary Arrangements (IVAs).
What sets us apart?
There’s no pressure to enroll in any services following your initial phone consultation.
We recognize that navigating the financial landscape can be overwhelming, especially when facing significant decisions about overcoming financial challenges and considering various solutions. That's why we strive to keep the process straightforward.
Feel free to ask any questions you have, as often as you need. We don’t pressure you to make quick decisions; we’re here to support you when you’re ready to take the next step.
Our team includes in-house insolvency professionals who are prepared to guide you towards a suitable debt solution. Once we determine your eligibility, we can explore the best options tailored to your needs.
Check out our success stories from real clients who have had remarkable experiences with us. In fact, 9 out of 10 customers would recommend our services to friends or family.
What our clients are saying
Are you concerned about the increasing cost of living?
As the prices of food, energy, and gas continue to rise, millions of households in the UK are finding it difficult to make ends meet. If you have concerns, explore the assistance and support options available to you.
We are dedicated to assisting you.
Begin Today
Step 1
Reach Out to Us
Discreet & Confidential Assistance
Reach out to us for discreet and confidential assistance. We’re here to provide support and guidance tailored to your financial needs.
Step 2
Discover Your Options
Support for Debt Without Judgment
Talk to us about your situation, and we’ll assess whether an IVA could be a suitable solution to help you manage your debts effectively.
Step 3
Take the Next Step
No-Obligation Consultation
We’ll assess your suitability for an IVA and assist with your application. No obligation, and we’re here to answer any questions along the way.
RMS Financial's Top Tips
If you’ve fallen behind on priority bills or are facing any debt emergency, including:
Court summons
Having your utility services cut off
Risk of home, car, or goods being repossessed
Being contacted by bailiffs
RMS FINANCIAL is here to provide the support and guidance you need during these challenging times.
Budgeting is an effective strategy for gaining control over your debts. By implementing our budgeting tips, you can calculate your total income and expenses, allowing you to clearly see how much money you have available each month to repay your creditors.
We recommend creating a list of your creditors, including the amount owed and payment due dates. Keeping track of this information can significantly reduce the chances of missing payments and help you stay organized.
If you’re uncertain about your outstanding debts, don’t hesitate to reach out to us for a free soft credit check.
RMS FINANCIAL suggests reviewing your current expenses and cutting back where possible. Cancel any subscriptions that are no longer necessary. Reach out to your phone, water, electricity, gas, and internet providers to ensure you’re on the most cost-effective plan.
Take advantage of free comparison websites online to find the best deals, whether it’s for car insurance or your weekly groceries.
Additionally, you might qualify for government or local council benefits that you aren’t aware of, so it’s worth checking for any available financial assistance.
Taking action is essential, and a simple call can get the ball rolling. At RMS FINANCIAL, we will assess your financial circumstances and discuss your options to help you find the best path forward.
RMS Financial assists over 3,000 individuals in the UK each year.
Our team of specialists helps thousands of families regain control of their finances through an IVA.
Is an IVA the right choice for you?
We can evaluate your eligibility for an IVA.
Would you rather discuss this later?
We are here to provide support in helping you find a solution.
