Debt Management Plans are Informal Debt Plans to Clear Debts


Get help and advice to clear personal debts weekly or monthly with a personal Debt Management Plan

  • NO INITIAL (SET UP FEES) WITH A LEWIS ALEXANDER DEBT MANAGEMENT PLAN
  • We take our ongoing fees as listed below out of your monthly payments. These are for distributing funds to your creditors. dealing with your creditor letters and for dealing with your calls / contact on a monthly basis.










What is a Debt Management Plan?

  • A personal debt management plan is an informal agreement between a debtor (perhaps you) and their creditors usually via an intermediary, a Debt Management Company.
  • Companies who offer Personal Debt Management Plans to their clients are effectively working as a middle man service between a debtor and their creditors.
  • The client pays a personal debt management company one agreed, affordable monthly payment. The personal debt management company pays the creditors an agreed amount each month.


How can Lewis Alexander help?

We have built up good payment histories with many of Britain's major creditors over the years which means we know the kind of service creditors respect and expect in any personal debt management plan agreement. Lewis Alexander is a specialist Debt Management company.
  • A good debt management company will attempt to improve the debtors situation by negotiating the possible reduction in the overall debt, whilst attempting to freeze future interest and charges.

See a list of some of the creditors we have a history of working with.

  • CREDITORS DO NOT HAVE TO AGREE TO FREEZING INTEREST & CHARGES, HOWEVER,  IN MOST CASES WE ARE SUCCESSFUL IN ACHIEVING THIS RESULT FOR OUR EXISTING PERSONAL DEBT MANAGEMENT PLAN CLIENTS!

Choose to pay your debts Weekly or Monthly!

Because the creditors realise that the debts are being professionally managed they will often happily stop any interest and charges or legal proceedings they may be charging or ensuing. This cannot be guaranteed!

Your first payment WILL be distributed to your creditors!

We take our ongoing fees as listed below out of your monthly payments. These are for distributing the funds to your creditors, dealing with your letters from your creditors and dealing with your calls on a monthly basis.

  • For payments of £100-£249 we charge £35.
  • For payments of £250-£349 we charge £50.
  • For payments of £350 and above we charge £65.

    Although a lot of the above can usually be agreed with creditors, a personal and informal debt management plan is not a legally binding agreement.

If you are interested in a government approved scheme that is legally binding, then please read our IVA page.

Call FREE today using 0800 018 6868 for personal debt management advice or contact Lewis Alexander online to obtain confidential debt help from UK based advisors.



Bankruptcy
Debt Management
Insolvency or IVA
Debt Consolidation
Trust Deeds
Bank Accounts
Loans