Manage Your Debt

If you are looking for a simpler way to manage your outgoings and you are struggling to keep up with repayments, then a Debt Management Plan might be the debt solution for you.

How Can a Debt Management Plan Help? 

A Debt Management Plan can offer you one low monthly payment to your creditors. We can negotiate with your creditors to offer you a smaller monthly payments and try to get interest or charges frozen.

This Plan will help you manage your debts as because of making high payments to separate creditors, you make one low payment regardless of how many creditors you have.

If you feel as though a debt management plan is not the right solution and you have debts over £15,000, then an IVA could be your solution. Not only do you benefit from reduced monthly payments, any unaffordable debt will be written off. 

For free advice and information about your debts, please call us on freephone 0808 131 9112.

Entering into an IVA may adversely affect your credit rating for up to six years from the date of approval.

Your property will be protected within an IVA but you may be required to release all or part of any equity during the period of the arrangement.

Failure to complete the term of an IVA can result in bankruptcy.

(In Scotland, a PTD is the equivalent to an IVA.)