A Debt Management Plan is a simple and effective way to pay the people you owe money to - generally your non-priority creditors. These typically include loan and credit card companies.
Norfolk Property Buyers will help you in setting up a Debt Management Plan. A qualified Debt Management Consultant will assess the amount you can afford to pay each month after all your priority debts which normally include - mortgage, utility bills, council tax and day to day living expenses such as food and travel.
The money that is left is then paid into the Debt Management Plan as a single monthly payment which is then shared to your non-priority creditors on your behalf. The money is normally shared on a pro-rata basis, ensuring every creditor gets an appropriate share.
Creditors Prefer a Debt Management Plan
If you unable to make all your payments, then your creditors will generally prefer that you are using formal debt management plan rather than you trying to do this yourself. The reason for this is as you are a busy person and have more important things to spend your time doing that dealing with things such as this.
How Much Does This Cost?
Setting up a Debt Management Plan is totally FREE. There is no cost to you when you arrange a Debt Management Plan through Norfolk Property Buyers.
How Do I Get Further Details?
For further details, please add your details to the form opposite and select Debt Management. We will call you back at a time that suits you and explain the steps that are involved.