Debts Management » Secured Debts http://www.debtsmanagement.co.uk Debts Management can offer you expert advice on all forms of debt solutions, such as Debt Management Plans & IVAs. Fri, 16 Jul 2010 12:58:44 +0000 en hourly 1 http://wordpress.org/?v=3.0 What Debts Can I NOT Include in a Debt Management Plan? http://www.debtsmanagement.co.uk/what-debts-can-i-not-include-in-a-debt-management-plan.html http://www.debtsmanagement.co.uk/what-debts-can-i-not-include-in-a-debt-management-plan.html#comments Sun, 13 Sep 2009 11:19:12 +0000 admin http://www.debtsmanagement.co.uk/?p=389 If your debts are unaffordable and you are struggling making repayments to your unsecured creditors, then a Debt Management Plan could be a debt solution open to you. Always get professional debt advice as there are a number of potential debt solutions available.

Sadly, not all debts can be included in a Debt Management Plan as it can only deal with unsecured debts. Unsecured debts include overdrafts, store cards, credit cards and unsecured loans.

What Debts Can I NOT Include in a Debt Management Plan?

Examples of debts which cannot be included in a Debt Management Plan are:

  • Mortgage
  • Secured Loan
  • Hire Purchase
  • Conditional Sale Agreement
  • Court Fines
  • Council Tax
  • Student loans, if taken out after September 1998.

If you are uncertain which debts you can or cannot include in a Debt Management Plan then it is essential to get professional help. DebtsManagement.co.uk have a dedicated Debt Management team who can advise you if your debt can be included in a Debt Management Plan.

Call today for Debt Management advice on freephone 0800 0481 777.

Remember that if your debts are over £15,000 then an IVA could be a better debt solution for you. An IVA means you could write off unaffordable debt and, typically, be debt free in 60 months. Get in touch and we can offer you further IVA information.

]]> http://www.debtsmanagement.co.uk/what-debts-can-i-not-include-in-a-debt-management-plan.html/feed 0 What is the difference between secured and unsecured debt? http://www.debtsmanagement.co.uk/what-is-the-difference-between-secured-and-unsecured-debt.html http://www.debtsmanagement.co.uk/what-is-the-difference-between-secured-and-unsecured-debt.html#comments Sat, 29 Aug 2009 13:36:54 +0000 admin http://www.debtsmanagement.co.uk/?p=282 Secured debt works against the assets that you own, so if you fail to keep up on repayments then these may be at risk. Unsecured debt includes credit cards, store cards and personal loans.

A Debt Management Plan can only include unsecured debts. If you are unsure whether or not your debt is secured, please get in contact as one of our debt advisors will be more than happy to see if you can include it in a Debt Management Plan.

]]> http://www.debtsmanagement.co.uk/what-is-the-difference-between-secured-and-unsecured-debt.html/feed 0 Debts We Can Help With http://www.debtsmanagement.co.uk/page-debts-we-can-help-with.html http://www.debtsmanagement.co.uk/page-debts-we-can-help-with.html#comments Thu, 20 Aug 2009 08:18:10 +0000 admin http://www.debtsmanagement.co.uk/?p=247 There are a number of debts which DebtsManagement.co.uk can help with if you get an IVA, Trust Deed or Debts Management Plan. The following list provides a brief overview of debts we can help with and those which we cannot, but for more details please get in touch.

Call our Debts Management advisors on freephone 0800 0481 777.

Types of Debts We Can Help With:

  • Unsecured/personal loans
  • Credit cards
  • Store cards
  • Overdrafts
  • Catalogue debt
  • Hire purchase (if you no longer have the vehicle)
  • Disconnected mobile phone debt
  • Doorstep lenders

Types of Debts We Cannot Help With:

  • Certain student loans
  • Child Maintenance payments
  • Secured debt – such as a secured debts consolidation loan, car loan if secured against the car, home loans or a mortgage.
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