Debt Solutions

There are many solutions that can help you solve your debt problems today.
Zenith can help you find a debt solution that is best for you!

Individual Voluntary Arrangement (IVA)

Individual voluntary arrangement is a formal alternative for individuals wishing to avoid bankruptcy. You would normally pay part or your full debt within 60 months.

Debt Relief Order

A debt relief order (DRO) is a way to have your debts written off if you have a relatively low level of debt and have few assets. Your debts will normally be cleared within 12 months.

Debt Management Plan (DMP)

This option means you will pay back your full debt over a length of time dependant on your monthly instalments. There is a chance your creditors could continue to add charges and interest.


Bankruptcy is when a person cannot repay their outstanding debts within a reasonable period of time. All debts are written off; though you could lose your assets including your property. Bankruptcy could affect your job prospects.


This is the Scottish Version of Bankruptcy. Your debt will need to be over £3000 and there is a fee of £200 to pay. You won’t be eligible if you’ve been declared bankrupt in the last five years. Sequestration could affect your job prospects.

You are not alone
We have helped others just like you. There is always a solution.