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Mr Smith has 6 unsecured creditors with a total debt of £38,786, his current contractual monthly payment amounts to £1,163.58. After taking his income minus his essential expenditure into account, Mr Smith has £434 to service these debts. A Debt Management Plan was negotiated for Mr Smith who will pay £434 per month. This single monthly payment will be distributed to creditors on a pro-rata basis. This reduces Mr Smith’s outgoings to his creditors by £729 per month.
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Debt advice from a leading UK debt specialist
Debt Help 4U provides debt advisory services to both private clients and businesses who are having financial problems. We work with a number of leading UK debt management firms and legal service providers who provide a wide range of solutions to most types of debt scenarios. After taking into account your circumstances and preferences, we will appoint and work with the debt management company that can provide the service you require in the most efficient way possible and with the minimum of delay.
You can have peace of mind in knowing your debt management affairs are being handled by some of the most established and reputable firms in the industry.
Why can’t I sort everything out for myself?
Like most things in life, we can do everything for ourselves and don’t need to pay a third party for advice and the work they do on our behalf, i.e. solicitors, accountants, plumbers, joiners, mechanics, window cleaners. However, does it not give you peace of mind in knowing that the third party you use will do the job right?
In many instances, financial institutions will not take a debt solution proposal submitted by an individual seriously and even turn it down. Even if your proposal is accepted, you may not have firmed up the terms and conditions in your favour and you could loose out financially.
By using us, you are increasing your chances of a creditor accepting a proposal to repay of write off your debts on more favourable terms. We can take much more of the stress away from you by acting as the point of contact and advise you on your rights and how we can help you stop any harassment from creditors or debt collectors.
Our advice is free, so how are we funded?
Our advice to you is free and you are not under any obligation whatsoever by talking to us. Debt Help 4U receives its funding via contributions from business partners to whom we appoint to arrange the appropriate debt solution proposal. They pay us for the cost of providing advice and the administrative work undertaken in resolving your debt problems.
We only receive funding on cases which we resolve successfully. So, as you can see, as well as yours, it is also in our best interests to get your debt problems resolved.
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