Debt Management Plans

Debt Management consolidates debt into one low affordable payment.

Repay your debts at a level you can afford. Debt Management Plans are an informal arrangement between you and your creditors, negotiated by us on your behalf.

IVA Debt Solutions

Write off the debt you can't afford with a ClearDebt IVA.

An Individual Voluntary Arrangement (IVA) is a formal agreement between you and your creditors whereby you repay what you can afford, usually over 60 months. After which, the outstanding debt is written off.


Bankruptcy is for individuals with debts that they cannot pay.

Bankruptcy has restrictions and is often the last resort. Bankruptcy is usually applied when no alternative debt solution can be offered to your creditors. We offer full support at every step of your application.

Full and Final Settlement

If you have access to a lump-sum, a full and final settlement may be the best course of action.

A full and final settlement offer is a partial repayment to your creditors in the form of a single one-off lump sum payment in exchange for writing off the remainder of any outstanding debt.

Debt news & advice


Find the right solution for you

There is a positive way forward, whatever your circumstances. Abacus can help you get back in control of your finances.

Call us FREE on 0800 043 2444* for confidential advice

We are open Mon-Thurs 8am-8pm & Fri 8am-5.30pm

*Calls free from a BT landline. Mobile & other operators may charge.

Alternatively request a call back.