Are you self-employed and feeling the effects of Coronavirus?


PayPlan are specialists in finding solutions for people with multiple debts, and can help anyone who is self-employed and has lost some or all of their income as a result of Coronavirus.


Many people with their own business have seen their income partially or totally disappear making it impossible to continue to trade.

The government have provided support in the form of business loans and employee schemes which may help you survive the first few months, but for most people getting their business back on track for the long-term will be difficult without professional help.

How PayPlan can help with your debts:

  • We will help you work out how your income will grow after lockdown and how much you can afford to pay monthly for the next twelve months. You can do this over the phone on 0800 280 2816 or use our online debt solution tool.
  • Work with you to decide which trade creditors you need to pay in full so you can continue to trade, and which can be paid later or potentially accept a part payment.
  • Liaise with your creditors on your behalf so you can focus on getting your business up and running again.
  • Put together a business plan that will be circulated to your creditors and ask them to agree to accept your offers of payment. You may be only able afford to pay your creditors little or nothing at all for the first twelve months and we will ensure they understand your current situation.
  • Following a full debt advice session, if a Self-Employed IVA is our recommendation, it will allow you to continue trading and will mean your creditors won’t be able to chase you for the debts.
  • We will help you through the period of the arrangement – reviewing your circumstances with you on a regular basis to ensure you only pay what you can afford.

For further information on the support and help available to anyone who is self-employed and has seen their income reduced or stopped, please visit the information on the self-employed income support scheme on our Coronavirus hub.