Debt Management - how it works

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1. Financial Review

Together we carry out a review of your financial circumstances looking at your income and expenditure. Once the budget planner is completed we will now how much you have left per month to offer your creditors.

2. The Plan

We then put the plan together detailing what each of your creditors receive will receive each month.

3. Payments

You stop paying all your unsecured creditors, but continue to pay all you normal household bills including of course a mortgage if you have one and any secured debts. And make your first payment to us.

4. Contact

We will then contact every creditor where we will demonstrate the amount you can afford and the payment they can expect to receive. We will also request that that all interest and charges are stopped immediately, although the creditors do not have to do this.

5. During The Plan

You continue to pay one single payment each month the DMC and we pay your creditors on your behalf. Creditors may contact you during the plan, simply ask that they call us quoting your reference number.

Include Debts