Debt Management is a solution that deals with your unsecured debts; a company will speak to your creditors on your behalf and agree on how your debts can be repaid.  They will explain your financial situation and provide evidence that you are not able to meet the payments that you had agreed when you first borrowed the money.  You would then pay the Debt Management Company what you could afford each month and the Debt Management Company would then pay this money to your creditors for you.

Like us, they are licensed under the Consumer Credit Act (1974), by the Office of Fair Trading.  They can negotiate on your behalf and agree a reasonable repayment figure, which is affordable for you.
Ultimately the company will represent you in any negotiations, taking into account all your other essential outgoings such as your mortgage repayments, bills, fuel costs and as importantly, ensure you have available money to maintain a good quality of life. 

Successfully Debt Free will have already completed your income and expenditure and established what you can afford, so the Debt Management Company will be free to begin immediate negotiations for reduced monthly repayments.  Any reduced repayments will usually extend the period of time it will take to fully repay the debts.

To find out more or to discuss the process further call us for free advice on 0800 000000 or 0161 000000 to speak to one of our experienced advisors. 

Alternatively, if you would prefer for us to call you back then simply complete the quick Free Advice Form and one of our friendly staff will call you back.