Debt Management is available to people who are in debt, struggling to make ends meet and unable to raise money to clear their debts in full and who do not qualify for an IVA.
Debt Management Plans are available to homeowners and tenants.
Financially stretched families need help to manage their monthly payments and in a large number of situations it's wise to take out a debt management plan. The debt management company will write to all the people owed money and in the first instance get them to stop taking any legal action, if it has got that far. Secondly they request that the loan or finance companies freeze all interest charges.
As this market is unregulated we have the unfortunate situation that there are a number of rogue companies around, so please be aware at all times and check that the firm is credible and is linked with a license insolvency practitioner. You can check here
Trumpo has vetted a number of licensed insolvency practitioners and we are happy to introduce you to them. All you need do is complete this simple enquiry form.
If you have mortgage arrears and you still have equity in your property then a new mortgage lender may provide a new mortgage, and the best chance of making this happen is by speaking to a trusted mortgage advisor, please complete the mortgage enquiry form and we will get a problem mortgage specialist to call you.