Welcome to YourDebtLine
Providing Solutions for a Better Future
We will advise you on the debt solutions available to you, depending on your personal circumstances.
- There is no charge for our advice
- Our advice is confidential
- There is no obligation to take our advice
- If you know your options you can make an informed decision.
We are authorised and regulated by the Financial Conduct Authority for Debt Counselling purposes.
About Us
YourDebtLine is our trading style, our company is called BCK (Birmingham) Limited. Since it’s inception in 2017, we have provided 100’s of people with no obligation, confidential, advice.
- Have you lost your income or has it decreased?
- Have your expenses increased?
- Have you split from your partner?
- Are you finding it difficult to cope?
Unmanageable debt can be caused by a variety of reasons such as redundancy, relationship breakdown, illness or a bereavement. We are not here to judge, we are sympathetic and good listeners.
We will advise you on the debt solutions available to you, depending on your personal circumstances.
- There is no charge for our advice
- Our advice is confidential
- There is no obligation to take our advice
- If you know your options you can make an informed decision.
We are authorised and regulated by the Financial Conduct Authority for Debt Counselling purposes.
Appointments
Some people like to meet face to face. We have offices just outside Birmingham City Centre, we are happy to meet you face to face at our offices if you wish, but we also provide alternative options such as video conference call or via the telephone.
We ask you about your:
√ Financial and personal situation.
√ Details of your income, benefits and pension.
√ Expenses, liabilities and creditors.
√ Any assets you may own.
Based on the information you provide us we will:
√ Analyse your situation.
√ Work out what you could afford.
√ Help you set up a sustainable budget.
√ Explain the available solutions.
By going through the advantages and disadvantages of the solutions with you your final choice will be an informed choice. You will then know:
√ What your budget is.
√ What you are spending your money on.
√ Your monthly commitment to your chosen solution.
√ How your chosen solution works, including all the advantages and disadvantages of the plan.
You can book an appointment for your free consultation using our contact form page.
FAQ
This is possible; nevertheless, the monthly payments will be manageable. The creditors are not required to accept your offer of repayment under this plan or to freeze interest and charges, and if they do not, repaying the creditors in full may take longer and cost more owing to the potential of extra fees and penalties.
In England and Wales: you must first complete a N92 ( https://www.gov.uk/government/publications/form-n92-application-for-an-administration-order )court form detailing your income, spending, and debts and submit it to the court.
In most situations, an IVA will not have any effect on your work. An IVA, on the other hand, may have a detrimental impact on some sorts of employment, such as Approved Persons under FCA regulation. During your session, our consultants will assist you and inform you of any potential consequences.
Breathing Space has no direct impact on your credit score, however missed payments will be reported on your credit history as usual. Although Breathing Space is not documented on your credit report, if a creditor is aware of your previous Breathing Space, it may affect your ability to borrow from them in the future.
Testimonials
