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. This means that any debts which are secured to goods or property, such a secured debt consolidation loan or a mortgage, cannot be included in your Debt Management Plan.

What Debts Can I Include in a Debt Management Plan?

Examples of debts which can be included in a Debt Management Plan are:

• Overdrafts
• Credit or Store Cards
• Catalogue debts
• Mail order debts
• Unsecured or Personal loans

If you are uncertain which debts you can 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.