A debt management scheme or debt management plan is a way for people who need help with their debt problems to find a solution.
A debt management plan with The Entitlements Agency is individually tailored to the debtor, who uses our service to negotiate with their creditors for them.
We’ll help you prioritise your outgoings, such as your mortgage or rent, household bills like gas and electric and essential living costs such as food. With the money left over we’ll begin to reduce your debts. Within the debt management scheme we will:
- Deal directly with your creditors so they will stop contacting you
- Negotiate with your creditors to reduce or freeze your interest and other charges
- Distribute your single payment to us to all your creditors as agreed with them on your behalf
If you need help with your debt problems and would like us to outline a debt management plan for you, start by sending us your details using the form on the right.
We will contact you as soon as we can to begin your plan and get you debt-free.