In 2011, we thought we had seen the worst of it with the collapse of Apex DCM and people across the UK who were affected by this disaster.
Insolvency Service Announcement
The Insolvency Service has published a statement about Debt Help Direct Limited (DHD) and Money Worries Limited (MW).
Debt Help Direct wound up in the public interest
Insolvency Service Announcement 12 June 2013
Debt Help Direct Clients
We published the following in March to offer advice to all Debt Help Direct Clients:
Appalled by the way in which client monies had been mis-used and with such empathy for people who had made honest, regular and trusted payments into their debt solutions, ClearDebt took a stand and wavered our debt management fees for people in this situation.
The priority in a time of such industry embarrassment and shame was to help people affected get back on track as quickly as possible without any further panic or stress. A unique call to action from any fee charging debt solution provider.
It seems though, we are to be shocked again today as news is released regarding the arrest of Debt Help Direct, Director John Taylor-Groom.
As with the case of Apex, we feel compelled to make the same offer to the clients of this company who must currently be extremely distressed.
Free Debt Management Plan with ClearDebt
Any Debt Help Direct client wishing to continue on a debt management plan will be able to do this with us, free of charge. ClearDebt will ensure Debt Help Direct clients are made aware of all their options and, should a debt management plan be the most appropriate solution, ClearDebt will waive all the fees normally charged on such arrangements to ensure debts are cleared in the shortest possible time. This plan will be entirely free of charge.
We are aware that a number of clients from Debt Help Direct may be better off in a different debt solution known as an Individual Voluntary Arrangement (IVA), where all interest and charges can be frozen and a significant proportion of debts written off, usually over five years. We will be assessing clients circumstances with this in mind. If the most appropriate solution is an IVA, IVA fees will be chargeable but these will make no difference to the monthly payment you can afford, as long as you complete the IVA.
Get help with your Debt Management Plan
Our advisors are available from 9.00 am to 9.00 pm Monday to Thursday, and from 9.00 am to 5.30 pm on Friday.
Should any clients from Debt Help Direct call our team and should we feel you would be better helped by an alternative solution provider, we will advise you of the organisations who can offer further assistance.
Please note, ClearDebt is a member of trading body, Debt Resolution Forum.
Please contact us now for free advice about your Debt Management Plan.
