Quick Debt Solution Wizard

Want to regain control of your life and put an end to the stresses of money worries? Complete this form and let us help you.

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Debt Management Plan

A Debt Management Plan from DebtMatters is a way of helping you make affordable payments to your creditors. Our debt advisors will assess your income and outgoings and ultimately prove to your creditors that you can not meet all your payments. We will negotiate and agree a single new and affordable payment of your debt direct with your creditors. From this payment we will distribute an amount to each creditor on a pro-rata basis.

Creditors do not have to accept the debt plan but more are willing to accept them if we can prove it is beneficial and agreeable to both parties. Every effort will be made to encourage your creditors to freeze interest and other charges. Please note that if your creditors refuse to freeze interest, paying the same debts over a longer period of time will increase the total amount to be paid.

Is a Debt Management Plan Suitable for Me?

If you do not qualify for an IVA or wish to avoid damage to your credit rating then a debt plan to help you manage your debts may be the better option. You can always switch from a debt management plan to a DebtMatters IVA should you change your mind in the future.

What to Do Next

An IVA is a serious undertaking, it may damage your credit rating for up to six years. If you own a property it will be safe in an IVA, however you may be required to remortgage and release additional funds for creditors after three or four years.
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DebtMatters Ltd. Registered Office: Mansell House, Horwich, Bolton BL6 6QQ.