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Reduce debt repayments

Stop interest and charges

Legal protection from creditors

Write off debt you cannot afford

Write off up to 80% of your debt

Find out if you qualify. It only takes minutes and you could write off £1000's. over 50,000 people a year write off debt.

Write Off Debt

About us

What's all this about writing off debt?


An IVA or Individual Voluntary Arrangement is a debt solution designed by Government Legislation. With an IVA you could reduce your monthly outgoings, stop interest and charges, even write off debt. You are likely to be debt free in just 60 months

Options for resolving debt

Debt Management

Debt Management is an informal agreement that could help you regain control of your finances.  You are able to consolidate your debt into one more affordable monthly repayment and you may be able to freeze interest and charges on the debt.

Debt Consolidation

This generally describes the method of using a loan or similar borrowing to pay off numerous other debts. The hope is that you would pay less to your debt every month, ideally there would be lower interest and your debt would be more manageable due to just making one payment.

Scottish Options

Most of the options mentioned here are available in Scotland but they are a little different due to Scotland having different laws and methods of dealing with debt. The good news is that you may be able to write off debt and you can definitely find the solution thats right for you.


Often described as 'mini Bankruptcy' DROs or Debt Relief Orders are a fairly new debt solution that are designed to help people who have no assets or spare income and a relatively low debt. If you qualify you could be debt free in 12 months and write off debt. 


Perhaps the most well known debt solution, Bankruptcy is there for people in severe debt stress. Typically you would be debt free in a year but there are many other things to consider. Bankruptcy can often be avoided and is not designed for everyone struggling with debt.

You are not alone

The UK has a debt crisis. 

It is estimated that nearly 3 million households are worried about debt in the UK

About us

Since 2007 Ramsey Lomax has helped over 12,000 people to become better informed of their options for resolving debt. 

We do it because we care. We can help you today.

Do you qualify?



Contact Us

Phone:   0800 881 8387

Email:     new@ramseylomax.co.uk

Visit Us:

United House

North Road


N7 9DP

Copyright & All Right Reserved © 2018 - Ramsey Lomax are authorised and regulated by the Financial Conduct Authority (FCA) Permission#: 704282 - Ramsey Lomax is also licensed by the Information Commissioners Office (ICO) licence#: ZA441156. To qualify for debt write off in an IVA, you must have a minimum of £6000 of qualifying unsecured debt owed to two or more creditors. A debt write off amount of between 25% and 75% 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. Debt solutions such as IVA, Debt Management, DRO and Bankruptcy will have a negative impact on your credit rating.

As part of our free service, we’ll take a look at your financial situation, explain the available options, and then recommend a debt solution which could be suitable for you. If you decide you want to set up a debt solution, we can put you in touch with one of our trusted providers. If you then want to use their services, we get a fee for introducing you, or for the preparatory work we complete, fees are payable if ongoing services are provided.

Since 2007 Ramsey Lomax has helped over 12,000 people to find a lasting solution to their debt. 

Because we care

Every day we help 100s of people to retake control and we can help you today. 

No matter what the situation, we can help you to find the solution.

Write Off Debt

Money Advice Service: To find out more about managing your money and getting free debt advice, visit Money Advice Service, an independent service set up to help people manage their money.

Call NowFind Your Debt Solution

Before an IVA

Debt to repay - £20,000

Creditors - 6

Monthly repayments - £310

Time in debt - 19.3 Years *

After an IVA

Debt to repay - £6,000

Creditors - 1

Monthly repayments - £100

Time in debt - 60 months


Written off

- That's 70% - 

* The time spent in debt before an IVA is based on 6 credit cards with an average interest of 18% APR

Example of an IVA


The average UK household debt including mortgages

26.5 Years

Paying off a £2,643 credit card on minimum payments

£11.6 Million

Of debt that is written off by the banks every day

304 People

Are declared bankrupt or insolvent every day


Average value of a CCJ imposed in 2018 Q1


Average daily cost of raising a child to 18 years old

Every IVA is unique. Each IVA payment is based on an individuals household budget. Below is an example.

Find Your Debt SolutionWrite Off Debt

Well, put simply, it is possible for some people to write off debt that they cannot afford to repay. 

There is a debt solution, designed by Government Legislation and if you qualify, you could write off £1000s.

The solution is known as an IVA, you can check out the example below to get an idea of how it works. Or, get in touch to learn more and to find out if you qualify.

Reduce your monthly debt repayments

Stop interest and charges

Consolidate your debt into 1 monthly payment

Debt free in just 60 months

Write Off Debt

Legal protection from your creditors

Find Your Debt SolutionCall Now

The simple way to become debt free

Online search

Start by telling us a little bit about your situation so we can start finding a solution.


Our debt advice experts find out what options are available to you and which are the most suitable

Free Recommendations


Then it's over to you on how you wish to proceed, no rush, no pressure, and no cost to you. 

Your decision


Write Off Debt

What info 

To begin your search you only need a few basic details. If you're not sure about the figures, thats ok. We can still help and even find out exactly how much your debt level is. 

Quick, simple, transparent and free process. 

How it works:

Write off 100% of your unaffordable debt

When you click submit, we will use the contact details you have chosen to provide to contact you about debt advice in accordance with our privacy policy

How many debts to you have?

Your employment status?

Your  Email?

Your  Phone Number?

Your First Name?

Your Last Name?

Start Your Search

How much debt do you have?


Free debt advice from experts.

Compare all debt solutions

Helping the UK since 2007

Do you qualify to write off debt?

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Debt Advice Line

How is this possible?

There are actually quite a few possibilities for writing off debt.

We specialise in finding the perfect option for you. There is a solution that has become increasingly popular over the years, which allows people who qualify, to write off all of their unaffordable debt. For many this means writing off thousands of pounds. 

Government has actually designed this option specifically to help people who may be struggling with their debts or are stuck in a debt with no end.

Other benefits would be that we could reduce the amount that you pay towards debt every month, we can help you to become debt free in just 60 months and we can deal with any creditors that may be chasing you for payment. 

Find Out If You Qualfy

I'm struggling with debt, can you help?

Yes, absolutely. 

Good news, there are many options for dealing with debt and getting things back on track. 

The process is actually very simple. You can have a free, no obligation chat with our advisors, find out what options you qualify for and compare which ones are best for you. Then it's over to you. If you wish to implement our suggestions then we can help with that too. 

Our aim is to make sure that you no longer struggle with debt. 

Find Out If You QualfyFind Out If You Qualfy

How can I find out if I qualify?

We can help.

We are authorised by the FCA to help people with their debts. 

Not only can we help to find out if you qualify to write off debt but we can even let you know how much debt could be written off. 

We do all of this for free and you are under no obligation to do anything.

In 2018, over 70,000 people qualified to write off debt, let us help you to find out if you qualify, today.