Debt Problems
A Debt Management Plan is tailored to help you make reduced repayments to your creditors over a number of years. Repayments are based on what is affordable to you after income and expenditure have been calculated.
- Ideally suited for debts between £5000 - £15000
- Fees & Interest may continue from creditors
- Allows reduced payments to be made over a number of years
Unfortunately, trying to get all your creditors to agree to reduced payments can sometimes be difficult, especially when their collection departments keep saying no. This is why it's sometimes better to leave the negotiating to a debt manager as they carry out this type of work every day.
Your debt manager wil carry out the following tasks on your behalf:
- Go through your finances with you
- Prepare a Financial Statement and Budget
- Agree an affordable monthly payment with you
- Negotiate with your creditors
- Distribute 100% of your payment to your creditors
Complete the short enquiry below for a free no obligation discussion about your finances.
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