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Debt Management Plans

Our debt management service offers free confidential advice to help you find a solution to your financial difficulties. We specialise in clearing our customers’ unsecured debts through affordable monthly payments.

We will allocate you a fully trained personal advisor. Their job is to talk through your current situation and devise a Debt Management Plan to help get you back on your feet. Usually all interest and charges will be frozen, and typically the new payment amount under a debt management plan is half the amount the client is currently paying, but will depend on the individual circumstances.

We can help customers -

  • Who have overstretched themselves with credit cards, loans or overdrafts.
  • Whose monthly expenditure now exceeds their monthly income
  • Who are using credit cards to pay off other debts or to pay for items they previously bought with cash
  • Who have had a consolidation loan refused
  • Whose circumstances have changed due to a divorce, separation, bereavement, loss of job or overtime
  • Who feel like no one is listening

The Debt management Process

Individual Voluntary Arrangement (IVA)

Bankruptcy help

 
 
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-- Debt management Plans. Allow you to make the repayments you can realistically afford once essential living costs have been taken into account. Will depend on the individual circumstances.
-- IVA's. Ideally suited for unsecured debts over £15000. Potentially write off a percentage of the overall debts Debt free within 3 – 60 months Safeguards house & car and avoid the consequences of bankruptcy
-- Insolvency. Working with a specialist in-house Insolvency Processing Team, headed by one of the UK’s leading Insolvency Practitioners.

This service is not regulated by the Financial Services Authority