Business Debt Restructuring Including HMRC Debt
What Happens When You Contact Acme Credit Consultants – A Complete Step-by-Step Guide to Debt Advice.

At Acme Credit Consultants Ltd, we understand that reaching out can be tough. Many delay seeking help due to feelings of embarrassment or uncertainty. Remember: you are not alone, and we are here to support you.

To ease your mind, we’ve created a simple step-by-step guide. It explains what happens when you contact us for private debt advice. By the end, you’ll understand:

  • How we assist clients
  • What info you’ll need to share
  • Available debt solutions in the UK
  • How we help you from the first call to being debt-free

Whether you’re just exploring options or ready to act, we’ll meet you where you are. No judgment, no pressure, just practical solutions for you.

Step 1: Reach Out in Your Way

The first step is easy: just contact us. We offer several ways to reach out, so you can choose what feels best:

Some prefer speaking with an advisor, while others like emailing for privacy. No matter how you contact us, you will speak with a friendly debt specialist who understands your situation.

Step 2: What info do you need to provide?

When you first contact us, we’ll ask some simple questions to understand your situation. This helps us give the best advice.

Typical information includes:

  • Your debts – how much you owe and to whom you owe it
  • Your income—wages, benefits, pensions, or business income.
  • Your expenses—bills, rent/mortgage, food, travel, childcare, etc.
  • Your assets—property, savings, or vehicles.

Everything you share is confidential. We’re regulated by the Financial Conduct Authority (FCA Reg No: 577189). So, you can trust us with your information.

Step 3: Build a Realistic Budget Together

Once we have the basics, we’ll help you create a clear budget. This isn’t about cutting every expense – it’s about what works for you.

We’ll look at:

  • Essential costs (mortgage/rent, utilities, food, travel, childcare)
  • Lifestyle expenses (subscriptions, clothing, social activities)
  • Irregular costs (car servicing, annual bills, holidays)

With this budget, we’ll know what you can afford to repay without financial stress. It also helps us find the best debt solutions for you.

💡 Example:

  • Jane earns £2,200 a month.
  • Her essential bills total £1,500.
  • That leaves £700. After reviewing her lifestyle costs, she can afford £300 toward debts each month. We can then explore tailored debt solutions.

Step 4: Explore Suitable Debt Solutions

Once we create your budget and review your finances, we’ll share the debt solutions offered in the UK. Each client is unique, so we’ll cover:

  • How each solution works.
  • Daily impacts
  • Costs, pros, and cons
  • Effects on your credit rating and future.

Here are some common solutions:

1. Debt Management Plan (DMP)

  • Informal agreement with creditors.
  • Affordable monthly payments based on your budget.
  • You may freeze interest and charges.
  • Flexible if your situation changes.
  • Managed directly by Acme Credit Consultants Ltd.

2. Individual Voluntary Arrangement (IVA)

  • Legally binding agreement to repay part of your debts (usually 5–6 years).
  • Remaining debt may be written off.
  • Protects you from creditors’ actions.
  • Must be affordable and approved by creditors.

3. Debt Relief Order (DRO)

  • For those with low income, little spare money, and few assets.
  • Lenders write off qualifying debts after twelve months.
  • Affordable (£90 fee to the Insolvency Service)
  • Strict eligibility criteria

4. Bankruptcy

  • Formal insolvency solution
  • Clears most unsecured debts but may involve selling assets.
  • Usually lasts 12 months.
  • Serious impact on credit ratings

5. Scottish Debt Solutions (if you live in Scotland)

  • Trust Deed – similar to an IVA.
  • Debt Arrangement Scheme (DAS) – freeze interest and repay affordably.
  • Sequestration – Scotland’s form of bankruptcy

Step 5: Decide How to Move Forward

After discussing your options, the choice is yours. We’ll guide you to make an informed decision.

  • If you pick a DMP, we’ll set it up and manage it for you. We’ll contact your creditors directly.
  • If an IVA or insolvency option is better, we’ll refer you to one of our trusted partners.
  • If a Scottish solution applies, our Scottish specialists will assist you.

Whatever you decide, we’ll support you every step of the way.

Case Study: From Overwhelmed to Debt-Free

Client: David, 42, self-employed builder.

Debt Level: £38,000 (loans, credit cards, HMRC arrears)

Situation: Income was irregular, and debt repayments were overwhelming.

How Acme Helped:

  • We created a budget based on his average income.
  • Explored options: bankruptcy, IVA, and DMP.
  • David chose an IVA, allowing him to repay an affordable amount over 5 years.
  • The company wrote off £28,000 of debt at the end.

💬 David says:

“I delayed calling for months; the process was nothing like I feared. Acme made everything clear, and now like I’ve got my life back.”

FAQs – Debt Advice with Acme Credit Consultants

  1. Is debt advice truly confidential? Yes. We treat everything you share as confidential. We are FCA regulated.
  2. Will contacting you affect my credit score?No. Asking us for advice has no impact. The effect depends on the solution you choose.
  3. Do you charge for advice? The initial consultation is free. If you choose a managed solution like a DMP, we will provide a clear explanation of the fees.
  4. How long does it take to set up a debt plan? It varies by solution. A DMP can be set up in a short time, while IVAs may must a longer duration.
  5. What if my circumstances change? We will check your plan at scheduled intervals and adjust it based on its effectiveness. Flexibility is part of our approach.

Why Choose Acme Credit Consultants Ltd?

  • ✅ FCA authorised & regulated (Reg No: 577189)
  • ✅ 15+ years of debt advice experience
  • ✅ Tailored solutions for individuals, families, and businesses
  • ✅ No judgment, practical advice
  • ✅ Ongoing support – we don’t set up your plan and leave you

Start Your Free Debt Advice Journey Today

Taking the first step may seem daunting, but you don’t have to face debt alone. At Acme Credit Consultants Ltd, we offer expert, confidential advice.and practical solutions that can help you regain control of your finances.

📞 Call us today on 0208 568 9687

📧 Email: debt@acmecredit.co.uk

🌐 Visit: www.acmecredit.co.uk

Your journey to becoming debt-free starts with one simple step – and we’ll be with you every step of the way.


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