Debt management allows you to make an affordable repayment to creditors after deducting your required living expenses.it is an informal arrangement between you and your creditors, negotiated on your behalf. Our partners take details of your debts, income and expenses, and provide proof to your creditors that you can't afford current repayment levels. You make one affordable payment, which is then distributed to your creditors. Typically, the new payment is half of your existing payments, but will depend upon your individual situation.

One Single, affordable monthly payment

You make one payment into your debt management plan, this money is distributed amongst your creditors.

Reduce or freeze interest and charges

Our partners will negotiate with your creditors to agree reduced repayments based on what you can afford to pay and ask that they freeze or reduce interest and charges on your accounts.

Regain Control of your finances

This means that you can stop worrying about mounting debts and endless letters from creditors. Sort out your debts so that you can get on with your life.

What's the difference between Debt Management and an IVA?

Unlike an IVA Debt management is an informal agreement, which does not require a court hearing, it also does not require minimum debts of £15,000, however it does not enable you to write off any debts after 5 years as with an IVA.

Does not put your home at risk

Unlike a secured loan or remortgage, you do not run the risk of having your home repossessed if you cannot keep up the payments.

The Debt Clinic offer a free service where we take a few details from you regarding your individual situation. We then put forward a possible solution. Once you submit your details to us we search our database of partners and pass your details on to one of our trusted, qualified partners who will be ready to help you immediately. We do not pass your data such as your email address on to anyone except the partner who we feel can offer you the exact help your individual case requires. You have our word.