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.