Debt counselling UK
How do I know whether a Debt Management Plan is right for me?
A Debt Management Plan at the debt counselling UK team is a debt solution for the following types of people:
- Anyone who has unsecured debts that they can't afford to repay.
- For people who have lots of equity in their properties but do not want to remortgage or take out a secured loan.
- For people who do not qualify for an Individual Voluntary Arrangement (IVA). This would be for people with debts under £12,000.
- For people that owe money to only one or two different companies.
- For people who do not want their wives, husbands, partners or spouses to find out about their debts.
- For people that just need a short term solution to their debts. For example they will be selling their house shortly so can pay off all their debts.
- People, who can, if they really push themselves, pay their debt in full but don't want to change their lifestyle.
- People who just don't want to deal with their debts and would rather use a third party to do it.
- The debt counselling UK team will only recommend debt management for you if you have no other choice.
