Debt Management Implications 

As with any financial plan there are often unavoidable implications. For more information please call us free on 0800 0481 775.

Debt Advice - Debt Management Implications:

  • Creditors do not have to legally accept your offer.
  • It is an informal agreement, meaning that it has no legal standing.
  • Your credit rating will be damaged as you are breaking your original terms and agreements with creditors.
  • Some debts cannot be covered by the plan, such as utility bills and hire purchases.
  • If you have low monthly payments with high levels of debts, then it will take you longer to repay your debts.


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Name
Home Telephone
Mobile Telephone
Email address
Level Of Debt
Number Of Creditors
Monthly Income
Homeowner?

House Value
Mortgage Owed

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