Debt can cause you a great deal of stress. Rather than losing sleep and having to deal with call and letters from creditors, let us help you regain control of your finances. Our debt management program may help you become debt free much sooner than you can imagine.
We can help you come to an agreement with your unsecured creditors which allows you an affordable monthly repayment plan. We can act as the intermediary for any issues that you have – such as altering your monthly repayments due to a change in your circumstances.
You will receive information from our qualified stuff that can also help you to compare the varying types of financial solutions open to you, outline how it can be of benefit and assist you in all aspects of managing your repayments.
In a nutshell, you can will benefit from:
* Financial professionals negotiating with your unsecured creditors to develop a plan and repayment schedule that is affordable to you and will reduce your monthly outgoings.
* The power to boost your cash flow by making a single, affordable monthly payment that we can distribute among your creditors on your behalf.
* Having the added credibility of our experienced team in your corner, representing you to your creditors.
You will be surprised to hear that your creditors may even freeze interest and additional charges as part of your debt management program, although this cannot be guaranteed. As this would depend very much on your situation, the amount of remaining financial debt and your current relationship with financial institutions, we can not give you any additional assurance except that that we’ll fight your case on your behalf and keep you informed with what’s going on.
Debt management program may not necessarily be the ideal choice available to you. With a decreased regular repayment, the actual repayment time period is sure to be extended. Additionally, you will need to pay back your debts completely, one thing that would not be true of other debt solutions. So it’s essential to compare all of the options that are open to you.
Looking at debt management programs is a clear indication to your creditors that you are prepared and ready to pay back your financial obligations and that you are fully committed to becoming debt free. It can also offer you with the comforting sense of structure and regimentation that’s lacking from the different repayment dates and inconsistent amounts that you are presently dealing with. It is also reassuring to be able to look ahead and see your route to a debt free life mapped out in front of you.
It is worth remembering that a debt management program is not legally binding and is more of an established working relationship. Your creditors aren’t bound to the plan. However, although it is not a legally binding agreement like an IVA, your creditors might actually prefer the arrangement because they get a better financial return than if you had entered into an IVA or are declared bankrupt.