Our Offices
- Meadowbank House, Meadowbank Business Park, Oldham, OL9 8EH
- 0161 884 4208
- hello@pennyplan.co.uk
- Opening Times 9am - 7pm
Understand your debt options
Our friendly team will make sure you understand all your options, so you can choose the best fit for your circumstances.
![Affordability check with an IVA](https://pennyplan.co.uk/wp-content/uploads/2023/09/pexels-anna-shvets-5257306-1024x683-optimized.jpg)
Debt Management Plan (DMP)
An informal arrangement between you and your creditors that lets you make lower monthly payments, whilst still paying the total amount of debt.
![Individual Voluntary Arrangement IVA](https://pennyplan.co.uk/wp-content/uploads/2023/09/pexels-andrea-piacquadio-3769021-1024x683-optimized.jpg)
Individual Voluntary Arrangement (IVA)
A formal agreement between you and your creditors. You make affordable monthly payments over fixed period with debt written off at completion.
![Debt Relief Order DRO](https://pennyplan.co.uk/wp-content/uploads/2023/09/pexels-alexander-suhorucov-6457542-1024x683-optimized.jpg)
Debt Relief
Order (DRO)
A debt relief order (DRO) is a formal debt solution for those who have no assets such as car or property. Eligibility criteria does apply.
![Bankruptcy](https://pennyplan.co.uk/wp-content/uploads/2023/09/pexels-andrea-piacquadio-789822-1024x683-optimized.jpg)
Bankruptcy
A formal insolvency procedure that involves applying to the court for an order to clear your debts. Monthly payments to your debts may still apply.
![Affordability check with an IVA](https://pennyplan.co.uk/wp-content/uploads/2023/09/pexels-anna-shvets-5257306-1024x683-optimized.jpg)
Debt Management Plan (DMP)
An informal arrangement between you and your creditors that lets you make lower monthly payments, whilst still paying the total amount of debt.
![Individual Voluntary Arrangement IVA](https://pennyplan.co.uk/wp-content/uploads/2023/09/pexels-andrea-piacquadio-3769021-1024x683-optimized.jpg)
Individual Voluntary Arrangement (IVA)
A formal agreement between you and your creditors. You make affordable monthly payments over fixed period with debt written off at completion.
![Debt Relief Order DRO](https://pennyplan.co.uk/wp-content/uploads/2023/09/pexels-alexander-suhorucov-6457542-1024x683-optimized.jpg)
Debt Relief
Order (DRO)
A debt relief order (DRO) is a formal debt solution for those who have no assets such as car or property. Eligibility criteria does apply.
![Bankruptcy](https://pennyplan.co.uk/wp-content/uploads/2023/09/pexels-andrea-piacquadio-789822-1024x683-optimized.jpg)
Bankruptcy
A formal insolvency procedure that involves applying to the court for an order to clear your debts. Monthly payments to your debts may still apply.
Access a PennyPlan today
100% FREE ADVICE
Get information today on your available options
Take the first steps to becoming Debt Free!
- One lower monthly payment
- Write off 75%* of unaffordable debt
- Freeze interest & charges
- Stop legal action including bailiffs
- Receive FREE well-being sessions
100% FREE ADVICE
Get information today on your available options
Take the first steps to becoming Debt Free!
- One lower monthly payment
- Write off 75%* of unaffordable debt
- Freeze interest & charges
- Stop legal action including bailiffs
- Receive FREE well-being sessions