Affordable Debt Management Plans

For further information on debt management plans click on the following links:

If you are feeling overwhelmed by debt, a Debt Management Plan could be the answer. With a Debt Management Programme that is tailored to your personal circumstances you don’t need to worry about debt any more.

Will I Qualify - Debt Management

There are a number of guidelines that help to determine whether you will be suitable for a Debt Management Programme. However, each set of circumstances is different so the following factors are only a guideline.

Other factors that may affect the decision are the level of your priority debts. These are debts that have to be paid each month otherwise the consequences are severe, and these cannot be included in a Debt Management Plan, which is only for non-priority debts. Such debts include mortgage arrears, rent arrears and council tax arrears.

Factors likely to affect your suitability for a Debt Management Plan include:

• The sum that you owe is at least £5000.00
• You can pay £100 or more off your non-priority debts each month
• You owe money to at least two creditors
• You don’t want your partner to find out about your debts
• You want a short-term solution to your debt or flexibility in the payment arrangements e.g. you may be expecting a change of circumstances such as a higher paid job
• You prefer a third party to deal with your debts rather than dealing with them yourself

Give us 5 minutes and we'll give you:

• Advice on all debt solutions that you may apply for
• If your debt can be written off
• Explain any interest or charges that can be frozen
• Honest, no obligation advice