In a Debt Management Plan you are able to pay your debts back gradually, at a rate you can afford.

Although there is never any guarantee that your creditors will agree to freeze interest and charges, we are usually able to get this agreed in the majority of cases.

As Debt Management is not a legally binding arrangement, you are able to discontinue it at any time (the down-side is, so are your creditors).

In Debt Management, your assets do not form part of the arrangement. However, you should beware of 'Charging Orders', under which an unsecured creditor can get their debt secured onto your home alongside the mortgage. Although Debt Management usually reduces the risk of having a Charging Order issued, it has been known to occur.

Once the Debt Management Plan is established, your creditors will get used to contacting us rather than you to discuss reviewing your arrangement. This means that you will usually receive less contact from creditors. We, of course, will negotiate on your behalf and ensure that your interest and charges are frozen for as long as possible.

It can be difficult and time-consuming to keep track of multiple payments that may be due at different times of the month. A Debt Management Plan enables you to hand over that responsibility to us. You make one single payment to us, and we take on the task of sharing it out between your creditors.