Your Creditors

Debt Help from the Debt Help Line UK

To advise you properly with your debts, we need information about any creditors of you or your spouse including:

Secured creditors - such as your mortgage provider or any creditor whose debt is secured on your home and/or any other assets

Landlords - if you are tenant or rent a workshop, offices etc

The Crown - typically tax owed to the Inland Revenue or HM Customs & Excise

Unsecured creditors - creditors without any security for their debts, such as credit cards, store cards, personal loans and bank overdrafts (if unsecured), amounts due to utility and phone companies, council tax.  If you are in business it would also include most trade creditors

Finance creditors - those creditors who provide assets on hire purchase or finance leases, for instance motor vehicles

The more information you can give us the better. Useful information would include:

• The name and address of the creditor
• What type of creditor they are (see above) and how the debt was incurred
• Any account or reference numbers
• The amount owed to the creditor and the rate of interest being charged, if any
• The current monthly repayment

Other information we need to know to be able to advise you properly includes:

• Details of any legal action that has or is due to be taken, particularly, if the creditor has obtained a county court judgement or is taking steps to bankrupt you
• Details of any arrears, this is particularly important if the creditor has security or is a landlord or finance creditor
  

If you have this information ready prior to calling us on 0800 88 18 274, it will help us to help you