Financial Management
DEBT MANAGEMENT PLANS
A Debt Management Plan can be used to resolve any problem you may have with your unsecured debts.
It is an informal arrangement suitable for people who do not have very significant debts,
who may not have very high disposable incomes or who expect that their circumstances may change in
the near future. If you are genuinely struggling to meet your current monthly commitments,
we can negotiate reductions in your repayments to your creditors.
You will make one affordable payment each month to us, which we will distribute to your creditors on
your behalf. We will negotiate to try to reduce or freeze any interest or other charges on your debts,
although we cannot guarantee this.
Your plan is fully flexible and can be changed at any time to suit your changing circumstances and needs.
You can even cancel your plan at any time with no penalty to yourself.
We keep your plan under regular review and, if we believe
that an alternative solution has become available,
we will tell you about it,
so that you can make an informed choice as to what you want to do.
We employ fully trained advisors who understand the importance of a fast and efficient response
to any enquiry you may have. Our aim is to deal with every query as quickly as possible,
usually at the time of the initial phone call.
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Address:
177 Garratt Lane, Wandsworth
London SW18 4DP
Tel:
020 8875 5666-9
Fax:
020 8875 5690
E-mail:
info@bfsl.co.uk
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