Debt Management
How it Works
We calculate how much you can afford to pay each month by compiling a financial statement ensuring you have enough money to pay your priority bills first (You have the right to pay housing costs and other essential bills before paying unsecured creditors).
We compile a financial statement showing exactly how much disposable income you have available and make offers of repayment that are fair to everybody. These payments reflect the amount owed to each company.
Upon receipt of your monthly payment we distribute the funds to your creditors within 24 hours. You will receive a statement each month showing exactly how much each of your creditors is receiving.
We negotiate to ensure that our offers are accepted and request that any interest or charges are frozen on your accounts, to ensure that your debts are cleared in the quickest time possible.
We make every effort to ensure that contact between you and your creditors is kept to a minimum. We bridge the gap, giving your creditors a point of contact and you all the help and advice you need.
The programme is flexible to meet your needs. There is no contract involved and you can reduce or increase your payment if your circumstances change. If you find yourself in a position to clear you debts in full, we will negotiate settlement figures on your behalf.
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