Debt Management Plan

If you are struggling to handle your monthly credit bills a Debt Management Plan is a simple and effective way to pay your credit cards, loans and other finance agreements.

Reality Debt will calculate the amount you can afford to pay after giving consideration to your priority debts – mortgage, utilities, council tax, credit card debt, etc along with day-to-day living expenses.

Instant Debt Advice - No Need to Wait!

Get an instant recommendation and answers now.

• Name*
• Phone*
• Email
• Where in the UK do you live?*
  Please SelectEnglandScotlandWalesNorthern Ireland
• Employment Status*
  Please SelectEmployedSelf EmployedUnemployedRetiredStudent
• What is your total debt?*
  Please Select£2,000 to £7,000£7,000 to £12,000£12,000 to £19,000More than £19,000

• Debt Solution

  Bankruptcy

  If you have no earnings then Bankruptcy may be the best option for you.

  Additional Options

  Debt Management Plan - If you have low earnings then this may also be an option and an alternative to actual bankruptcy.

  Please click 'next' so that we can advise you based on your personal circumstances.

• Debt Solution

  Scottish Trust Deed

  As you live in Scotland then a Trust Deed may be the best option for you.

  Additional Options

  Debt Management Plan - this may also be an option and an alternative to a Trust Deed.

  Please click 'next' so that we can advise you based on your personal circumstances.

• Debt Solution

  Scottish Trust Deed

  As you live in Scotland then a Trust Deed may be the best option for you.

  Additional Options

  Debt Management Plan - this may also be an option and an alternative to a Trust Deed.

  Please click 'next' so that we can advise you based on your personal circumstances.

• Debt Solution

  Scottish Trust Deed

  As you live in Scotland then a Trust Deed may be the best option for you.

  Additional Options

  Debt Management Plan - this may also be an option and an alternative to a Trust Deed.

  Please click 'next' so that we can advise you based on your personal circumstances.

• Debt Solution

  Debt Management Plan

  This would give you a fixed monthly payment covrther debt advice that iis would reduce your outgoings and may be the best option for you.

  Additional Options

  IVA - depending on your circumstances this may also be an option and an alternative to a debt management plan. In Scotland this would be a Trust Deed.

  Please click 'next' so that we can advise you based on your personal circumstances.

• Debt Solution

  Debt Management Plan

  This would give you a fixed monthly payment covering all your debts. This would reduce your outgoings and may be the best option for you.

  Additional Options

  IVA - depending on your circumstances this may also be an option and an alternative to a debt management plan.

  Please click 'next' so that we can advise you based on your personal circumstances.

• Debt Solution

  Debt Management Plan

  This would give you a fixed monthly payment covrther debt advice that iis would reduce your outgoings and may be the best option for you.

  Additional Options

  Scottish Trust Deed - depending on your circumstances this may also be an option and an alternative to a debt management plan. This is similar to an Individual Voluntary Arrangement (IVA) in the rest of the UK.

  Please click 'next' so that we can advise you based on your personal circumstances.

• Debt Solution

  IVA

  An Individual Voluntary Arrangement would give you a fixed monthly payment covering all your debts. This is a formal agreement set up to reduce your outgoings but repay your creditors. This may be the best option for you.

  Additional Options

  Debt Management Plan - depending on your circumstances this may also be an option and an alternative to an IVA.

  Please click 'next' so that we can advise you based on your personal circumstances.

• Debt Solution

  IVA

  An Individual Voluntary Arrangement would give you a fixed monthly payment covering all your debts. This is a formal agreement set up to reduce your outgoings but repay your creditors. This may be the best option for you.

  Additional Options

  Debt Management Plan - depending on your circumstances this may also be an option and an alternative to an IVA.

  Please click 'next' so that we can advise you based on your personal circumstances.

Any money left is then deposited as a single monthly payment and then distributed to your creditors on your behalf. The monthly payment is agreed for a set term as a debt management plan.

Our debt management plans can help you gain control

Clients can start to relax once the debt management plan is set up knowing that their situation is now under control. They no longer worry about phone calls or action being taken against them.

We understand how difficult debt management can be. We never judge or criticise our clients so you can be sure of the best solution that’s affordable. Many of our clients are so relieved and are able to start enjoying life again.

Call us or complete the Enquiry Form and we guarantee to be back in contact with you within one hour.

Fees payable

• the initial fee charged is the first monthly payment of the debt management plan
• a fee of 15%, or £25 (whichever is greater) is charged thereafter for the management of the plan
• an advice fee of £285 may be charged which will be payable by 3 installments of £95 added to the agreed debt management monthly payment