With news that debt solution company, Smooth Financial (also trading as The Debt Advice Centre) has had a winding-up Petition brought against them by one of their creditors – which will be heard by the Court on the 19 August, the team here at ClearDebt are offering free advice and where appropriate free Debt Management Plans to all former clients of Smooth Financial who will be affected by this news.

It is alleged that the Clients Account may be empty with client monies gone into a “black hole”. We understand that employees of Smooth Financial were told by text message of today’s news and that they should not attend the Smooth office. It is understood employees may not have been paid and the owner of the company may currently be abroad.

The London Gazette confirmed of the Petition for winding up Smooth Financial last week, and industry magazine Credit Today also confirmed the winding up action against the Manchester based business that specialises in Debt Mangement Plans and IVAs.

Have a Debt Management Plan or IVA with Smooth Financial?

We can help.

• For free advice now, please call our dedicated phone line 0161 905 5665
• Start a Live Chat with a qualified advisor now
• Request a free call back
• Ask us a question below
• Email smooth@cleardebt.co.uk

2011 saw the collapse of Apex DCM and with it, the emotional turmoil of thousands of people across the UK.  In June 2013, Debt Help Direct hit the headlines as they were shut down and their director John Taylor-Groom was arrested.  On both occasions, ClearDebt, as an ethical debt solutions company and member of trade association, the Debt Resolution Forum, offered all former clients of Apex DCM and Debt Help Direct the opportunity to call our teams for free advice.  Due to the emotional and distressing situation for those affected, we offered this solution free of charge.  Should an Individual Voluntary Arrangement (IVA) have been the most appropriate solution, standard protocol fees applied.

In the case of the collapse of Apex DCM, ClearDebt offered advice to over 1000 clients that were affected by their closure. Of the advice offered 47% of the people we spoken to were offered a debt solution with ClearDebt of which 62% are now successfully in a Plan with us, paying their debt off and working towards a debt free future.

Free Debt Management Plan with ClearDebt for Smooth Financial Clients

Clients of Smooth Financial can call our advice team now on dedicated helpline: 0161 905 5665.  As previous winners of industry trading body, Debt Resolution Forum’s Advisor of the Year award, we pride ourselves on our expertise and ethics with client care.

We have since achieved Insolvency Practitioner of the Year 2012.  2013 sees ClearDebt being named finalists for the following awards which will be announced in October of this year: Insolvency Practitioner of the Year, Insolvency Firm of the Year, Insolvency Team of the Year and Debt Management Team of the Year.

Smooth Financial clients are welcome to consult us for any advice.  Should they request to continue on a debt management plan (DMP) they will be able to do this with us, free of charge. ClearDebt will inform Smooth Financial clients of all options which will be appropriate for them.  If a debt management plan is 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.

Smooth Financial IVA –  Individual Voluntary Arrangements

If any client of Smooth Financial would be better off entering into 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, standard IVA Protocol fees will apply. 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 Smooth Financial 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 Smooth Financial 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.