Debt management plans and IVA's

By: Personal Touch Debt Solutions  15/07/2011
Keywords: debt, debt advice, Debt Help

Debt Management
Debt Management is a potential financial solution that could allow you to reduce your current monthly payments to your unsecured creditors to a more affordable amount without having to borrow more money.

If you have 3 or more creditors and owe more than £15,000 in unsecured debt, it is likely that this solution could be the most suitable for your circumstances. In addition, you must be employed and have surplus income of £275 per month. An IVA is a legally binding agreement and normally runs up to 60 months

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