Debt Resources

Advice NI produces reports, consultation responses, briefing papers and fact sheets on issues impacting our members and those seeking advice, ultimately shaping our work.
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Standards of Lending Practice

12 August 2016

New Standards of Lending Practice for personal customers (the Standards) will replace the Lending Code and will bring an increased focus on ensuring good customer outcomes.The new standards build upon the foundations of the Lending Code and will become effective from 1st October 2016.

New vulnerability guidance for debt and money advisers

05 August 2016

A new guide for advice agencies on treating clients in vulnerable situations has been launched by the Money Advice Trust. The guide builds on the charity’s existing 12-step guidance for creditors on vulnerability, and aims to help all advice agencies better support their advisers in this area

Which? Launch New 2016 Pension Guide

05 August 2016

Which? have recently launched their 2016 guide which should help you become pension savvy, as it explains the pension basics, the significant changes to pensions, explores how to maximise retirement income and what tax bills might look like if you cash your pension all in.

Christmas Tips 2015

02 December 2015

The festive season is fast approaching so Debt Action NI has put together some tips on how to manage your money better in order to reduce the post-Christmas debt and to ensure you have a Happy New Year.

Debt Management Plans- Business Debtline

15 June 2015

This fact sheet gives information on debt management plans. For further information and advice on business debt, please contact Advice NI's Business Debtline on 08000 83 80 18

Advice NI's Business Debtline Impact Report

17 December 2014

A report analysing the impact of Advice NI's Business Debtline during its first year of operation

Top Ten Christmas Tips 2014

11 November 2014

Debt Action NI has put together Top 10 Tips to help you manage your finances through the festive season.

Advice NI's Debt Action NI Annual Report 2013-2014

30 September 2014

Between April 2013 and March 2014 Debt Action NI dealt with over 5,200 clients with almost £62.3 million of debt.

Tax Sheet 2014/2015

13 June 2014

For further information and advice on business debt contact Advice NI's Business Debtline 08000 83 80 18

Food Banks Policy Report

02 December 2013

This paper aims to explore the issues and provide a basis for further discussion of the growth of food banks in NI.

Advice NI's Debt Action NI Impact Report 2012-2013

25 November 2013

A report into the impact Debt Action NI has had during its first year of operation.

Bankruptcy

14 August 2013

Bankruptcy is a way of dealing with debts that you cannot pay.

Dealing with a Statutory Demand

14 August 2013

This fact sheet is about how to deal with, and set aside, a statutory demand. For further information and advice on business debt contact Advice NI's Business Debtline 08000 83 80 18.

Partnerships

14 August 2013

When two or more people carry on a business to try and make a profit, it is known as a partnership. For further information and advice on business debt contact Advice NI's Business Debtline 08000 83 80 18

Dealing with Income Tax Debt

14 August 2013

This fact sheet explains what you can do if you cannot pay your income tax bill. For further information and advice on business debt contact Advice NI's Business Debtline 08000 83 80 18

Credit Control

14 August 2013

This fact sheet makes some suggestions that will help you to set up good credit control procedures. For further information and advice on business debt contact Advice NI's Business Debtline 08000 83 80 18

Dealing with Debts of a Limited Company

14 August 2013

This fact sheet gives information about private limited companies. For further information and advice on business debt contact Advice NI's Business Debtline 08000 83 80 18

Sole Traderships

14 August 2013

In this fact sheet, we describe some important things to consider when you are a sole trader. For further information and advice on business debt contact Advice NI's Business Debtline 08000 83 80 18

Business Property Leases

14 August 2013

This fact sheet gives information about leases for business premises. For further information and advice on business debt contact Advice NI's Business Debtline 08000 83 80 18

Business Rates

14 August 2013

This fact sheet gives information about non-domestic business rates. For further information and advice on business debt contact Advice NI's Business Debtline 08000 83 80 18

Individual Voluntary Arrangement

14 August 2013

This factsheet provides further information on IVAs. For further information and advice on business debt contact Advice NI's Business Debtline 08000 83 80 18

Extra Information for Budget Sheets

14 August 2013

Extra Information for Completing a Business and Household Budget Sheet. For further information and advice on business debt contact Advice NI's Business Debtline 08000 83 80 18

Expensive Lending in Northern Ireland: A Discussion Paper

23 May 2013

The Executive must do more to tackle the damaging and dangerous levels of payday and illegal lending in Northern Ireland, according to a report produced by NICVA and Advice NI.

Save Money - Reduce Waste

21 March 2013

Belfast City Council have produced a factsheet about reducing waste

Guide to Debt Relief Orders

10 June 2011

This guide tells you what happens if you are granted a debt relief order (DRO). It is for general guidance only. If you are thinking of applying for a DRO, you should seek legal or financial advice.

Debt Relief Order Guide - Polish

10 June 2011

This guide tells you what happens if you are granted a debt relief order (DRO). It is for general guidance only. If you are thinking of applying for a DRO, you should seek legal or financial advice.

Debt Relief Order Guide - Lithuanian

10 June 2011

This guide tells you what happens if you are granted a debt relief order (DRO). It is for general guidance only. If you are thinking of applying for a DRO, you should seek legal or financial advice.

Debt Relief Order Guide - Cantonese

10 June 2011

This guide tells you what happens if you are granted a debt relief order (DRO). It is for general guidance only. If you are thinking of applying for a DRO, you should seek legal or financial advice.

Debt Action NI Report 09/10

10 April 2011

Debt Action NI is primarily a face to face debt advice service which has been in operation since November 2009.

Dealing with Mortgage Arrears

16 July 2010

When you miss payments on your mortgage or you feel at risk of missing payments, you should contact a Debt Action NI advisor immediately for free money advice.

Dealing with Rent Arrears

10 July 2010

If you are struggling to pay your rent and have missed payments, don’t panic our Debt Action NI Advisers are here to help. Rent is classified as a priority debt and has serious consequences if not paid on time.

Refused credit? Reasons and rights.

10 July 2010

When you apply for credit, lenders have to make sure that you are who you say you are and live where you say you live.

What options are available? Ways to deal with debt.

10 July 2010

There are a range of options available to help you to deal with your debt. Before deciding on any of the options please speak to a Debt Action NI Adviser.

How to Maximise Your Income

10 July 2010

Exploring ways to increase your income may help you to find extra money that can be used to pay your debts.

How to Budget - Better ways to manage your money.

10 July 2010

Budgeting is away of understanding your own money situation, knowing what money you have coming in and what you have going out.It’s also the first step to take if you are struggling with debt as it helps to show exactly how much money you have available

Hire Purchase (HP) These goods are mine aren’t they?

10 July 2010

Hire Purchase is a credit agreement which lets you get the goods right away and pay for them by instalments. A conditional sale agreement is similar. But with both these agreements you do not own the goods until you have paid the final payment.

Liability for Debts on Death

10 July 2010

How a person’s debt is dealt with when they die is a complicated matter and you should get advice immediately. In some instances an individual’s debt may die with him/her, although creditors may be entitled to make a claim. In other instances they may not

The Debt Advice Interview

10 July 2010

When you decide to contact a debt adviser, they will arrange an appointment for you to come and see them. You should let them know at this stage if you have any special requirements so they can meet your needs.

Debt Collection Agencies

10 July 2010

When you owe money and fall behind on your payments, your creditor might pass your details to a debt collection agency to collect what is owed. Collection agencies do not have any more legal powers than the original creditor.

Preparing for the 1st interview

10 July 2010

List of Information required from the client for the first Interview

Budget Planner

10 July 2010

Better ways to manage your money.

Bankruptcy

09 July 2010

Bankruptcy is an option that may suit you if you can no longer afford to pay your debts.

Dealing with Debt

09 July 2010

Are you worriedabout the amount of debt you have? Do you feel anxious about what might happen to you? Don’t panic! Help is at hand and there are several things that you can do to help ease the burden of your financial situation.

Debt Advice for Prisoners and Ex-Offenders

10 May 2010

Debt can be an issue for many offenders. Research suggests that around half of all prisoners have a history of debt problems; a third of prisoners find that their problems get worse during their time in prison and 81% of offenders go on to claim benefits.

Debt Advice for People with Mental Health Problems

10 May 2010

According to research carried out by the Royal College of Psychiatrists, one in four people will have a mental health problem some time in their lives and one in three people with a serious mental health problem are in debt.

Debt Advice for People on Low Incomes

10 May 2010

As debt problems reach an unprecedented high, more and more people on low incomes are struggling to manage escalating debt.

Debt Advice for Older People

10 May 2010

Older people and pensioners are among the worst hit during hard times and retired people are finding it harder to manage as savings are eroded and everyday essentials increase in cost.

Dealing with Cancer

10 May 2010

Illness can strike at any time, the individual’s world stands still, but unfortunately the financial commitments will continue. A cancer diagnosis may not only affect the patient, but in many cases will financially affect the partner.

Debt Advice for Lone Parents

09 May 2010

Debt is one of the major causes of stress for lone parents. According to surveys carried out in Northern Ireland, three quarters of single parents are using credit to manage their finances and approximately 40% said they were "always in debt".

Helping you to save for Xmas

10 October 2008

Advice NI has developed an interactive online education resource to provide information on the different ways to save for Christmas.The online resource is part of OFT’s Save Xmas awareness campaign that was launched in 2007 following the Farepak collapse.