Debt Advisor

Olliesouth

Hello

Can anyone please give me the name of the debt company set up by the government?

Thanks

Ollie

Tixy

Welcome

I don't think there is a 'debt company' set up by the government.

There are a number of charities offering debt advice, some of which receive some funding from the goverment.

A list of recommended debt advice charities is on this link - IMPORTANT - Where to seek professional impartial advice about your debts.

sourcrates

Olliesouth wrote: »

Hello

Can anyone please give me the name of the debt company set up by the government?

Thanks

Ollie

I think you are referring to ad`s placed by various fee taking debt management companies, which mentions a "new government scheme".
They are basically trying to sell you a debt solution, and trying to make it look as though its run by the government, it isn't.

There are a number of debt solutions, available from various sources, IVA, DMP, DRO, these are set up by government, but, with the exception of a DMP, are run by the insolvency service.

If you need help with your debts, have a look on the National debtline website, or stepchange, neither of these will charge you for information.

fatbelly

Olliesouth wrote: »

Hello

Can anyone please give me the name of the debt company set up by the government?

Thanks

Ollie

I wondered if you were thinking of the Money Advice Service?

https://www.moneyadviceservice.org.uk/en

They are not really set up to give debt advice but process the government funding for it, most of which in England goes to the CAB

https://www.moneyadviceservice.org.uk/en/articles/about-our-debt-work