Debt Management
A Debt Management Plan is a method used in various countries for paying personal unsecured debts. Typically, such debts are out of control – payments are late and/or take too large a portion of income, or even exceed it.
Our Debt Advice Team looks at all or some of the debts, assessing income and budget, and re-negotiating interest rates and payments with the lenders. The negotiated rates and payment plan is based upon the probability of a higher likelihood of collection by the lenders in light of the debtor's more realistic monthly repayment.
About Debt Advice Team
Debt Advice offers a fresh approach to dealing with financial difficulties. We are proud to be the UK's largest provider of free debt solutions, including free debt management plans and Individual Voluntary Arrangements or IVAs.
With 7 years’ experience, Debt Advice has successfully helped more than a million people deal with their debt problems. Every year, we help, advise, support and provide solutions to more than 100,000 people for free.
We have expertise in offering a full range of debt solutions including free Debt Management plans (DMPs) and Individual Voluntary Arrangements (IVAs) which can be tailored to suit your personal circumstances. We listen and advise. We inform and guide. Our broad experience enables us to provide free debt advice to anyone facing money problems and to support you towards taking control of your situation.
Use our online Debt Help Form for a quick and easy way to get free Debt advice from experienced professionals....