If you have debt problems hanging over you then no doubt you are probably stressing and don’t know where to turn next. Most people who have debt issues try to avoid the subject or ignore it, but this only leads to the debt getting further out of control and in turn causes you more stress and worry. Our Debt Management services can help you out of your debt problems and leave you in a better financial situation.
If you are being hounded by creditors sending you letters and constantly calling you, we can make all of this go away. Our debt management team can negotiate with your creditors on your behalf, and help you with whatever debt problems you have. We can work out a payment plan with your creditors which is affordable to you and satisfactory for them.
Debt Management Benefits
A Debt Management Plan is a debt solution we offer to people who cannot afford to pay their unsecured debts and are struggling each month to stay on top of their debt repayments. Unsecured debts usually consist of Loans, Overdrafts, Credit Cards, Store Cards etc. A Debt Management Plan is an informal agreement between you and your creditors. We will negotiate with them to get you a reduced monthly payment which you can afford each month. We will also try and get the creditors to reduce or freeze the interest and charges on your debts. All contact with your creditors will be through us so they no longer will be sending you letters demanding payment and harassing you with phone calls. With a Debt Management Plan you can regain control of your finances and start on the road towards debt freedom.
A Financial Management Plan is a clear sign to your creditors that you are ready and willing to repay your debts and that you are fully committed to becoming debt free. It can also provide you with the comforting sense of structure and regimentation that’s missing from the varied repayment dates and inconsistent amounts that you are currently facing. It’s also comforting to be able to look ahead and see your route to a debt free life mapped out in front of you.
It is worth remembering that a Debt Management Plan is not legally binding and is more of an established working relationship between Harrington Brooks and your creditors. Your creditors aren’t bound to the plan. However, although it is not a legally binding agreement like an IVA, your creditors might actually prefer the arrangement because they get a better financial return than if you had entered into an IVA or are declared bankrupt.
There are many benefits to our debt management solutions, almost of all of our clients state that they have “peace of mind” and can carry on with their everyday lives knowing that their creditors are being dealt with by a professional debt management company. We are here to help you regain control of your finances. We can help you avoid bankruptcy, or another loan, and get relief from your debt