settlemydebt

settlemydebt

9866822522
contact@settlemydebt.org.uk
Menu
  • Home
  • About us
  • Why Choose Us
  • Services
    • INDIVIDUAL VOLUNTARY ARRANGEMENT
    • DEBT MANAGEMENT
    • DEBT RELIEF ORDER
  • Contact Us

DEBT MANAGEMENT

DEBT MANAGEMENT


Debt management is one of the most looked after services & finding the right service provider is stressful for customers. Over the years we have helped many individuals who have been struggling with their debts. One option to help you cope with your existing debt is to think about a Debt Management Plan (DMP).
A Debt Management Plan is an agreement that is made between you and your creditors to help control and pay all your debts. They will help to reduce your monthly payments and consolidate this into one affordable amount.
DMP can help condense outstanding, unsecured debts over time to help you feel you have regained control of your finances. A DMP is not a legally binding debt solution and won’t appear on any public registers, so nobody needs to know about your DMP unless you tell them.

Advantages of Debt Management Plans


  • Your monthly household budget will be taken into consideration so you only pay to your creditors what you can afford to pay.
  • If you have not been able to pay your household bills, you can get any arrears added to your DMP.
  • If your circumstances change, the DMP can be amended to ensure you are only making payments which are affordable for you.
  • The interest on your debts is frozen as at the date of the creditors meeting convened to approve the IVA.
  • You make one monthly payment which your debt management company will distribute amongst your creditors.

Recent Posts

  • Hello world!

Recent Comments

  • A WordPress Commenter on Hello world!

c

About Us

Debt, most of us have it, some of us have a little debt which is easily managed but some of us have a lot more debt which can start getting pretty hard to deal with. You cant let your creditors down so you have to keep struggling on with your payments but now maybe you don’t have to keep struggling.

Quick links

  • Home
  • Why Choose Us
  • Contact Us
  • About us

Connect with us

  • Facebook
  • Twitter
  • Linkedin

settlemydebt 2021 . Powered by WordPress