Debt Management
Preserving your clients assets
Debt Management Plans offer both flexibility and a positive solution to anyone facing financial difficulties where their regular monthly outgoings are more than their income and they are unable to meet their contractural payments to their unsecured creditors.
As there are no tie-ins or contracts, a client can terminate their Debt Management Plan at any time. Examples of this could be if their income became greater than their expenditure again; or they were able to re-mortgage and pay in full their unsecured debts.
What's in it for me?
- Reduces the risk of bankruptcy or reposession for your client.
- An initial commission of £100 per case.
- The ability to further negotiate with creditors, thus increasing the chances of a negotiated settlement and remortgage.
