|
A Debt Management plan works best in situations where the debts are low, or the debt problem is temporary.
It is unlikely that a debt management plan would be appropriate if you have debts over £10,000 and are able to afford more than £200 per month. In these cases, because of the seriousness of your debt problem, it is advisable to seek advice regarding an IVA .
A Debt Management company charges high monthly fees and often provides a limited service. In most cases, creditors will continue to charge interest and charges, and your debt could increase.
If Debt Management is the right solution for you, we will refer you to an ethical organisation, where you can be assured of prompt and effective support.
If you would like more information, ring Debtsolver now on Telephone 08000 434 336 (Free for UK residents only).
|
