Debt Support Trust is a debt advice charity helping people throughout the United Kingdom

United Kingdom

The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

. The charity offers consumer debt

Consumer debt

In economics, consumer debt is outstanding debt of consumers, as opposed to businesses or governments. In macroeconomic terms, it is debt which is used to fund consumption rather than investment...

 advice via the telephone and internet.

Legal information

Debt Support Trust is registered with Companies House (number SC387356). The charity is registered to provide debt advice across the UK. The charity registration number is SC041902.

To provide debt advice in the United Kingdom companies and charities must be licensed to do so by the Office of Fair Trading

Office of Fair Trading

The Office of Fair Trading is a not-for-profit and non-ministerial government department of the United Kingdom, established by the Fair Trading Act 1973, which enforces both consumer protection and competition law, acting as the UK's economic regulator...

. Debt Support Trust is licensed to provide debt advice with their license number being 0640136.

Service

Debt Support Trust provides advice to people in debt including help with general debt relief

Debt relief

Debt relief is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations. From antiquity through the 19th century, it refers to domestic debts, in particular agricultural debts and freeing of debt slaves...

, debt management plan, IVA

Individual Voluntary Arrangement

In the UK, an Individual Voluntary Arrangement is a formal alternative for individuals wishing to avoid bankruptcy.The IVA was established by and is governed by Part VIII of the Insolvency Act 1986 and constitutes a formal repayment proposal presented to a debtor's creditors via an Insolvency...

, Trust Deed

Protected Trust Deed

A trust deed is a voluntary but formal arrangement that is used by Scottish residents where a debtor grants a ‘trust deed’ in favour of the trustee which transfers their estate to the trustee for the benefit of creditors. It can be a way for people to deal with debt problems...

 and Bankruptcy

Bankruptcy

Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....

.

Helping the community

Debt Support Trust is known for the work their volunteers and qualified debt advisors provide the community. They work alongside local councils, housing associations, credit unions and counsellors.