Source Tester – UK Debt Advice

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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. A debt write off of percentage of 81% has been achieved by 10% of cases where Tim Pope is the principal supervisor in the last 12 months – this is for cases administered by Creditfix Limited. No IVA cases are administered by TJP Insolvency IP Number – 8090 Data Protection – ZA566955 Company number 12320942 UK Debt Advice is a trading style of TJP Insolvency, Tim Pope is authorised in the UK to act as Insolvency Practitioners (IP) by the Insolvency Practitioners Association. (IPA) (IP Number 8090) to offer Individual Voluntary Arrangements (“IVA”). TJP Insolvency is licensed under the Information Commissioners Office (ICO) for data Handling; DPA No ZA566955. TJP Insolvency does not administer or provide advice relating to Debt Management Plans. An Individual Voluntary Arrangement (‘IVA’) is subject to the customer meeting qualifying criteria and gaining creditor acceptance. There is no obligation to proceed into an arrangement. Monthly IVA payments include fees and may differ to the example provided, based on the assessment made of your personal circumstances. These fees will be clearly explained to you in writing by your advisor. Debt write off amounts are subject to creditor acceptance and vary by individual. If a person does not meet the criteria for an IVA, details will be provided for other third-party organisations that offer advice and services on other available debt solutions. A debt write off amount of 25% and 70% is realistic. However, the debt write off amount for each customer differs depending upon their personal financial circumstances and is subject to the approval of the creditors.

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