Loan default leads to creditor harassment from a debt collection agency. Debt solutions, such as a debt management plan, IVA or Debt Relief Order tackle money problems.

Source: How to Stop Debt Collection Agency Harassment: Debt Solutions …

Whilst a debt management plan manages financial difficulties, a Debt Relief Order can write-off debt in 12 months. Both debt solutions help prevent creditor harassment.

Source: Debt Management Plans Vs Debt Relief Orders: Overcome Personal …

A debt solution, such as an Individual Voluntary Arrangement or Debt Relief Order, means that creditor harassment is illegal once agreed. Whilst a debt management plan is only a voluntary agreement, creditor harassment is unlikely; …

Source: Balance Household Bills with a Debt Solution? Is a Bad Credit …