Information on Debt Management Programs
You may be able to reduce your monthly payments with a Debt Management Program, making your debts easier to bear. If your debt problems aren't significant enough to warrant Bankruptcy, if you are struggling to make ends meet, or if you expect a change in circumstances in the near future, a Baines & Ernst Debt Management Plan could be what you're looking for.
Baines & Ernst are a specialist Debt Management provider offering the best Debt Management options- with one of our programs you simply make one affordable payment towards your debt every month which is distributed to your creditors. Because we've built up fantastic relationships with many established creditors we are often able to reduce or freeze interest and other charges (though this is not guranteed), making our Debt Management Plans good value.
In addition, your Debt Management Plan is fully flexible and can be altered at any time to suit your changing circumstances. You can even cancel your plan at any time with no penalties, though you will need to make alternative arrangements with your creditors.
What are the criteria for a Debt Management Plan?
- Two or more creditors
- More than £5000 of debt
- Minimum disposable income of £100
- Proof of income
Our expert debt advisors are waiting to hear from you and will be delighted to provide you with advice on all options available, including financial Debt Management programs and solutions subject to your particular circumstances. Repaying debt over a longer period may increase the total amount to be repaid. Your ability to obtain credit will be affected in the short term and might be affected in the medium to long term.
Speak to a Baines & Ernst specialist debt advisor now on 0800 096 1331 and we'll advise which debt solution would best suit your debt problems. Take the Express Debt Check now and see if a Debt Management Plan is the best debt program for your needs.