DEMSA / OFT logo

DEMSA / OFT

We are a member of DEMSA and subscribe to the DEMSA Code of Conduct.

DEMSA is an organisation founded to monitor and maintain high standards in the Debt Management industry. All members of DEMSA are bound by the terms of the Code of Conduct established by DEMSA.

ICAEW

ICAEW

Our in house insolvency practitioner is regulated by The Institute of Chartered Accountants in England and Wales (ICAEW).

R3

R3

Our in house insolvency practitioner is a Fellow of the Association of Business Recovery Professionals (R3).

Testimonial

The Debt People put my mind at ease, took away all my worries and stress and made me afford to get my life back on track.

A Harrison, Uxbridge, 16/03/2011

Testimonial

You are an excellent company to deal with and you always strive to get the best deal possible from creditors.

N Lines, Basingstoke, 28/06/2011

About Us

Choosing the right company to help you out of your difficulties is crucial. There are so many different companies offering so many different debt services that it can be very confusing.

“The Debt People are here to help you find the best debt solution”

At The Debt People our aim is very simple. We aim to provide the best advice to every person who calls our company. That advice is based solely on what is best for your individual circumstances. We have proven this to trade body DEMSA who are the only industry trade body whose code of conduct has been approved by the Office of Fair Trading (OFT). As a result, we are one of a small number of DEMSA members who are legally able to display the logos of the two bodies.

In addition to this, our in house insolvency practitioner, who handles all of our IVA cases is monitored regularly by The Institute of Chartered Accountants in England and Wales (ICAEW). Meaning that we comply with the regulations which apply to us from the Insolvency Act. In accordance with the disclosure requirements of the Professional Services Regulations 2009 our professional indemnity insurer is Brit Insurance, 55 Bishopsgate, London, EC2N 3AS. The territorial coverage is worldwide excluding professional business carried out from an office in the United States of America or Canada, and excludes any action or claim brought in any court in the United States of America or Canada.

The Debt People is part of a larger group of related companies. The group is a privately owned group of companies whose board of directors and shareholders are made up of professionals, accountants, lawyers and other experts who all operate to the highest ethical standards, and have a wide range of experience and knowledge of the Financial Services sector in general.

Debt management plans | IVA | Trust Deeds

Important Information About Our Service & Fees

Whilst we strive in all cases to negotiate the best deal with your creditors, we cannot guarantee a reduction in interest or charges. Also as one of the largest providers of debt management solutions in the UK, we are able to provide initial advice over the phone without charge, however, if a debt solution is taken out, please be aware that fees will be charged. We aim to keep these fees as low as possible and believe that we are very competitively priced. View more detailed information on our fees including examples for each product here.

Further Additional Information

The insolvency service has produced a guide for people who are struggling with debt, which outlines each of the available solutions.

If an IVA is not maintained it could lead to bankruptcy.

MoneyPlus Group logo

Company information

The Debt People is a trading name of MoneyPlus Group Limited. Registered in England and Wales 07310059. Consumer Credit Licence Number 0638455. Registered office: Lawson House, 22-26 Stockport Road, Altrincham, Cheshire WA15 8EX

Recent Debt Management clients