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Debt Management

DMP : What Is A Debt Management Plan (D.M.P.) ?

Debt management plans are informal arrangements between a person in debt and their creditors.

Here are the main objectives of any debt management plan.

Posted by at 12:36 PM

IVA : The Pros And Cons Of IVAs vs Debt Management Programmes

To help you decide which of the debt solutions you prefer, here are the main Pros and Cons of each choice.

Posted by Iain Wrenshall at 1:58 PM

IVA : Debt Management or IVA, Which Is Best ?

The crucial decision.

Do you make your repayment plan Formal by using an Individual Voluntary Arrangement, or Informal by using a Debt Management Programme ?

Your personal circumstances will have a major bearing on the outcome of this decision, because each solution, be it an Individual Voluntary Arrangement (IVA) or a Debt Management Programme, has its Pros and Cons.

Posted by Iain Wrenshall at 10:40 AM

IVA : IVA Or Debt Management Programme ?

The answer to this question will be based on the personal circumstances of each case.

Certain situations will clearly suit an Individual Voluntary Arrangement (IVA) over a Debt Management Programme, based on one of the many reasons that make the Individual Voluntary Arrangement (IVA) such a good debt solution, for instance the possible debt write off, or fixed time of the repayments, but other debtor circumstances will favour the Debt Management Programme category.

Posted by Iain Wrenshall at 11:47 PM

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