Some debt management advice

In my role within Help With Debt we are always asked to explain what a debt management plan entails and what its benefits are. For those reading this blog who are unsure below are my top ten reasons for considering a DMP:-
10 reasons to do a debt management plan with Help With Debt

1. Continuing to struggle with payments you cannot afford, will cause stress. This may lead to ill health and marital or family problems. When you see the post piled on the doorstep, or see the answer phone bleeping, do you worry and stress. By engaging us these calls and letters will stop.
2. One call to us will mean that we can take away all the pressure that has been building for weeks or month.
3. You can increase or decrease your payments to suit your budget. Unlike an IVA it can be flexible to meet your personal circumstances.
4. You can propose this solution with as little as two creditors. As long as you have debts you cannot service in full we have the debt solution for you.
5. You can have a debt management plan with debts at any level. Most people will have at least three thousands pounds in debt. You can owe up to any level, but the greater the amount you owe, may mean other solutions are more applicable.
6. A Debt Management plan can be done with Help With Debt for as little as £100 per month. We believe that everybody is entitled to a debt solution. Most of our clients pay between £150 and £250 a month.
7. Your property will not be at risk. If your plan is agreed and maintained then no further action will be taken. Contrast this position to an IVA or bankruptcy.
8. In the majority of cases interest can be frozen and charges kept off.
9. It is an alternative to going bankrupt for those people that might be unable to continue in a profession such as a solicitor or accountant.
10. You can cease it at any time and consider another debt solution, such as an IVA or bankruptcy.

For more information visit http://www.helpwithdebt.org/