{"id":14740,"date":"2023-06-07T09:09:58","date_gmt":"2023-06-07T09:09:58","guid":{"rendered":"https:\/\/bankruptcyservices.co.uk\/?page_id=14740"},"modified":"2023-12-04T20:34:52","modified_gmt":"2023-12-04T20:34:52","slug":"is-dmp-for-you","status":"publish","type":"page","link":"https:\/\/bankruptcyservices.co.uk\/index.php\/is-dmp-for-you\/","title":{"rendered":"A Debt Management Plan"},"content":{"rendered":"
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Is a Debt Management Plan right for you?<\/h2>\n<\/div>
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A Debt Management Plan can be a way of paying all of your creditors using a single monthly payment.
\nIf for instance your debts around \u00a311,000 and you could afford to pay \u00a3110 per calendar month then theDebt Management Plan would last for aproximately 8.3 years.<\/p>\n

A Debt Management Plan is can be very helpful if you need only a solution for short term ; e.g , if you are going selling your house in few months and then will be able to pay off the majority of your debt in the months to come. Other than being a short term solution, a Debt Management Plan can be useful for anyone who can pay their debt by changing their budget priorities, but wish to keep the same lifestyle.<\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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A Debt Management Plan is effective if:<\/h2>\n<\/div>
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