Debt Management Plan

If you can answer "Yes" to the following questions then a Debt Management Plan with Debt Free could be your best way out of debt:

1: Are your debts mounting each month?
2: Have you been refused a loan in the past?
3: Are you struggling to make monthly payments to your creditors? 

Become Debt Free with Debt Management 

It is possible for you to easily consolidate all your outstanding debts into one affordable monthly payment with a Debt Management Plan. Please call us free on 0808 131 0039 and speak to our expert advisors to see if this is your best way to start your Debt Free Future.

Your Debt Management Plan means that you make just one low cost monthly payment to your creditors that you can realistically afford. You make the payment to us, and we will fairly distribute it to the companies you own money to.

We negotiate with your creditors to reduce or freeze any additional interest or charges on your debts. Although this can not be guaranteed, we do guarantee you will have the flexibility to amend your Debt Management Plan if your personal circumstances change.

Debt Free: Debt Management Benefits:

• You regain financial control by only paying what you can afford.
• Only one low monthly payment.
• The chance to freeze interest and charges on your debts.
• We will deal with all your creditor calls and letters meaning that you can rest easy, knowing that you are dealing with your debts.

Unlike an IVA, a Debt Management Plan is not a legally binding contract; it is an informal agreement and is best suited to those with debts between £3-10k. If you find yourself in serious debt problems with debts over £15k and are unable to keep up on any minimum payments, then an IVA is the best alternative to bankruptcy, as it can write off a substantial proportion of your debt.

Free professional no-obligation help just call our freephone number on 0808 131 0039, or fill in your details online via the Quick Enquiry Form so we can call you back.

Not sure what Debt Free solution is right for you? Take the Debt Free Test to see if a Debt Management Plan is your best debt solution.

Entering into an IVA may adversely affect your credit rating for up to six years from the date of approval.

Your property will be protected within an IVA but you may be required to release all or part of any equity during the period of the arrangement.

Failure to complete the term of an IVA can result in bankruptcy.

(In Scotland, a PTD is the equivalent to an IVA.)