A debt management plan (DMP) is an agreement between you and your creditors to pay all your debt but a reduced amount each month, based on what you can afford. One of the differences between this and an IVA is the fact you can arrange this without an insolvency practitioner. If you choose this option, you will pay a licenced debt management company monthly who will then share the money out between your creditors. Although a fee is agreed with the debt management company, they will take a huge weight off your shoulders.
Exceptional service, I wanted a simple form to fill out online and they provided with an IVA plan as the best solution. I would recommend this service to anyone looking for debt relief.
This company have thoroughly took a huge weight off my mind regarding my debt. If you are in a similar situation to myself please contact this company. They do not judge you and really do offer the best advice! A truly trustworthy and honest company. The advisors are just brilliant! The girl who has personally dealt with my case is just amazing.
Thanks to an easy form to fill out and with not too much information, it turned out an IVA is the best option for me. I now have peace of mind and one affordable payment each month.
Once accepted, you make one, affordable payment.
The payment is then distributed to your creditors.
On completion, all debt included is written off.