"Debt Management Plan"
- Brief Description:
- Debt Management Plan (DMP) is designed to pay your non–priority creditors a reduced amount each month.
- The amount you pay is calculated on the amount you can afford to pay after taking into account your priority debts – mortgage, utilities, council tax etc. and other living expenses.
- Disposable income is then distributed amongst the creditors on a pro–rata–split.
Contact us to see if a DMP is the right option for you.