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Write off up to 70% of your secured debt *

We’ve helped over 45,000 people out of debt. 

And we could help you:

We’ve helped over 45,000 people out of debt. And we can help you:
  • Freeze interest and charges on debts included
  • Lower your bills to one affordable monthly payment.
  • Reduce pressure from the people you owe money to.
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“Put all my worries at ease. Cannot recommend enough.”

KEVIN

AS FEATURED ON

AS FEATURED ON

Our 3 step process

Taking care of debt is a big deal, so we’ve broken it down into small steps.

Fill out the form

Just answer a few simple questions and help us understand how we can help you.

Speak to our team

An experienced advisor will call your directly to find a little more about you and your circumstances.

Choose your Plan

Select the option that’s the best fit for your lifestyle.

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Let us help you deal with your debt with our confidential advice

We’ve helped thousands of people, just like you, write off unsecured debt they can’t afford and enjoy a life free of pressure and hassle from the people they owe money to. 

You can write off most types of unsecured debt, including:

  • Utility bills
  • Personal loans
  • Store cards
  • Line of credit
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What our customers are saying.

We care about giving you fantastic service, so your feedback is vital to us.

Trustpilot

Help that gets to the heart of the problem.

When money’s tight, other companies might tell you to cut costs. We prefer to help you cut the debt, by turning unpaid bills into one affordable monthly payment and writing off the unsecured debts you just can’t afford. Click the link below to find out how.

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You aren’t the only one living with debt

Every day we help thousands of people across the country manage their debts. We understand that you just want to get on with life, which is why we’re proud to offer friendly and impartial debt help.

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Frequently Asked Questions

The initial fact-finding and advice call is free. That call will explore all possible debt solutions applicable to you, whether these can be provided by Carrington Dean Group Limited, Creditfix (which is part of the same group) or by a third party. 

If you live in Scotland, a Trust Deed or the Debt Arrangement may be a suitable solution for your circumstances. These solutions will be provided by Carrington Dean Group Limited and fees will apply.

If you’re a resident in England, Wales or Northern Ireland, an Individual Voluntary Arrangement (IVA) may be a suitable debt solution. An IVA will be provided by Creditfix and fees will apply.

Yes, solutions including a Trust Deed, the Debt Arrangement Scheme and an IVA will have an adverse effect on your credit rating. These arrangements will show on your credit report for six years after approval. However, it’s important to note that this is the case for most debt solutions and your score will likely have already been affected by being in debt in the first place.

In most cases, entering a debt solution won’t affect employment. However, in certain professions, such as accountants and solicitors, being in an insolvency solution may mean that you can no longer practice.

Creditors can’t continue to contact you to encourage you to make payment when you enter the Debt Arrangement Scheme or when your Trust Deed becomes protected. The same applies for an IVA.

A debt solution, like a Trust Deed or the Debt Arrangement Scheme, can be a positive way to manage unaffordable unsecured debt and allow you to better manage your monthly finances.

In both of the above solutions, a single monthly payment is agreed with your current financial situation taken into consideration – this payment is then divided between the people you owe money to. During the course of your plan all interest and fees associated with your debts are frozen.

At the end of a Trust Deed, an agreed percentage of your unsecured debt included in the Trust Deed will be written off. You’ll repay your debt in full through the DAS.

We’re here to listen and help – without judgement.

Advantages of entering into a debt solution, such as a Trust Deed, the Debt Arrangement Scheme or IVA include:

  • Once your arrangement is approved (and protected in the case of Trust Deeds), no further action can be taken against you by your creditors to pursue debts owed.
  •  A debt solution can help prevent bankruptcy by consolidating debts.
  • Freezes interest on debts included in the arrangement. 
  • Establishes a clear repayment timeline.
  • Repay what you owe with one single, affordable, monthly payment.
  • A Trustee will manage your Trust Deed or Debt Arrangement Scheme or an IP will manage your IVA, including dealing with all creditor correspondence and queries.
  •  All remaining debts included in a Trust Deed or IVA will be written off at the end of the arrangement term.
  •  Sole traders may be able to include business debts in the Debt Arrangement Scheme.
 
An advisor will discuss all of the advantages with you on your initial advice call.

When you’re considering entering a debt solution, it’s important to be aware of how it could impact your life. When you enter either a Trust Deed or the DAS you should be aware that:

  • Your credit rating will be affected adversely.
  • A notice of the arrangement will appear on a public register
  • If you’re a home owner and your property has equity in it, you may be required to try to re-mortgage when in a Trust Deed.
  • You could be at risk of bankruptcy if the arrangement fails
  • A future remortgage may attract higher rates
  • You will need to abide by spending restrictions when in a Trust Deed or IVA 
  • The Trust Deed may not be approved by creditors
  • Any unsecured debts not included in the debt solution will remain outstanding

An advisor will ensure you’re aware of the advantages and disadvantages to help you make an informed decision.

All of our initial advice is free; however, fees will apply should you decide to enter into an arrangement.

Fees will be taken from your monthly payment or asset realisations paid into your arrangement.

These will be discussed by an expert advisor to make sure you are fully aware of the costs involved.

Cut up to 70% of unsecured debt

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Customer Information

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Fees & Information

There are fees associated with our services. It is important these are fully explained before entering into a debt solution. You will always find us open about these fees and how they are charged.

Details

© 2019 The Carrington Dean Group Limited. Authorised and regulated by the Financial Conduct Authority. FCA No: 674395 Registered in Scotland, Company Registration No SC 225672. Registered Address: Regent House, 5th Floor, 76 Renfield Street, Glasgow, G2 1NQ

Disclaimer

* A debt write off amount of between 25% and 70% is realistic, however, the debt write off amount for each customer differs depending upon their individual financial circumstances and is subject to the approval of their creditors. The example provided has been achieved by 15% of Trust Deed customers in the least 12 months.

Carrington Dean: provides insolvency solutions to individuals, specialising in Trust Deeds, DAS ( Debt Arrangement Scheme) and Sequestration. We do not administer or provide advice relating to debt management products, such as Debt Management Plans. Advice and information on all options will be provided following an initial fact find where the individual(s) concerned meets the criteria for a Trust Deed, DAS(Debt Arrangement Scheme) or Sequestration and wishes to pursue it further. All advice given is based on formal options available in Scotland and is therefore provided in reasonable contemplation of an appointment.