Struggling with your debts?
Debt Management or an IVA
could be the solution to help you through difficult times.
Direct Mortgage Centre are able to offer a debt management or IVA service second to none.
We have teamed up with leading debt management agencies to ensure that you receive the advice best suited
to your current circumstances.
Debt Management
Debt Management is an informal process of negotiation with unsecured creditors to obtain a reduction
in the repayment amount and / or a reduction in interest charges. The negotiation involves providing proof
to the creditor that the individual is unable to meet all their contractual liabilities.
IVA
An Individual Voluntary Arrangement (IVA) is a legal process by which you can gain protection from your
unsecured creditors by entering into a legally binding repayment agreement with them, which is then supervised
by a licensed insolvency practitioner.
more...
We know you will have some questions, so we have tried to answer them
here
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