Debt management is an informal process of negotiating with your unsecured creditors for the freezing or reduction of interest, extension of repayment terms or the writing off of part of your debt. The negotiation involves providing proof to the creditors that the individual is unable to meet all their contractual liabilities.

It is our priority as a company to assist you in resolving your financial problems and getting you back on the road to financial stability. We have outlined below the process we take to help you become debt free.

Firstly.  One of our experienced debt advisers will ask you about all of your existing credit commitments as well as your current income and expenditure details. Once we have this information we are able to work out a monthly payment that is affordable to you. Although it is possible that it may take longer to repay your debt we will be able to obtain a significant reduction in your monthly payments.
Secondly, we will begin to negotiate with your creditors to reduce your existing monthly payments, although the creditors are not obliged to accept a reduced monthly payment once it is demonstrated to them that you are not in a position to sustain the contractual payments it is easier to establish a fairer balance between your essential living costs and your credit repayments.
Your new single lower monthly payment will replace all of your existing repayments, making it easier for you to budget. Each month you will forward  the new affordable monthly payment to us  and we will distribute amongst the creditors as agreed with them., you will receive confirmation each month of the amount each creditor has received, this will also be reflected in the statements you receive from your creditors.
Thirdly, we will conduct a review each year unless we are requested by a creditor to do it any sooner. This ensures that your level of payment is correct and that you should not be paying more or less due to a change in your circumstances. Because our debt management programmes are totally flexible you can contact us at any time to discuss a change in your payment.