Debt Management Pros

A Debt Management Plan is a long term financial commitment where you pay a set monthly amount to us, which we distribute fairly between your creditors. Please speak to one of our expert advisors on 0808 131 0039 who will be able to give you specialist advice free of charge, or take the Debt Free Test to see your options.

Debt Free: Debt Management Benefits

• One reduced monthly payment that you can afford.
• No lengthy legal procedures as it is an informal plan.
• Creditors are sometimes willing to freeze any additional interest or charges.
• We will deal with your creditors calls and letters.

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.)