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Clear Debt Solutions/Eurodebt
Is the Credit Crunch Affecting You or Someone You Know? We have found some of our clients and the people they know are struggling to meet all of their financial commitments. They may have only a few options available to them, which include: Carrying on as they are and fall further into debt with the real possibility that they will end up becoming personally insolvent and putting their home or job at risk. Entering into a Debt Management Plan to reduce the amount they pay their unsecured creditors, allowing them to repay any arrears to priority creditors and potentially saving their family home. A Debt Management Plan (DMP) is becoming more widely used because of the current financial position facing millions of UK consumers, providing help to resolve the situations they find themselves in, whether this is temporary or long-term. EuroDebt would deal directly with your creditors, getting your finances under control and providing you with peace of mind. A debt advisor will undertake a confidential face-to-face meeting to establish your situation and options available to you. This is free of charge. If you are eligible and do wish to proceed then you enter a Debt Management Agreement. EuroDebt will manage your unsecured debts and will negotiate directly with your credit cards and loan companies to agree reduced payments that are affordable to you based upon your household budget. It is their experience that the vast majority of creditors will agree to freeze interest & charges, enabling the gradual reduction of the debt you owe. Once your DMP has been set up you make one single monthly payment to EuroDebt, which includes their management fee, and this is disbursed to your creditors within 5 working days. You are provided with a monthly statement showing how much money has been paid to each creditor listed. Your DMP is reviewed on a regular basis and if your circumstances change then the DMP is modified to take account of this. Flexibility in uncertain times is very important. It may be applicable that after a meaningful period of time that EuroDebt negotiate your debt down to a one off full & final payment, which may include a sizeable level of debt write-off.. If you would like to have a no-obligation confidential discussion about your financial situation please call, as we can help.
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