How to apply for a debt management plan yourself. When will you need to use a commercial company? Should you use a free service?
A guide to the living expenses allowed if you start a Debt Management Plan. Get a copy of our comprehensive DMP living expenses guide.
Housekeeping budget guidelines for a Debt Management Plan. What if you spend more than the recommended amounts. Can you include children over 18?
Your partner does not have to pay into your DMP. Is their income taken into account? Can they help you pay? What happens to joint debts? Must you tell them?
Should you postpone your DMP if you plan to move. What if you want to rent? Should you delay if you want to buy? What if your credit rating is already poor?
How to set up a Debt Management Plan yourself. How much to pay each creditor. How to negotiate with them. When to start making your payments.
You do not have to use a DMP before starting an IVA. When is it best to start a DMP first? Are there any downsides of starting DMP before an IVA?
What is the Debt Management Protocol? What standards has it introduced? Are they mandatory? Will the introduction of the Protocol be effective?
Paperwork is normally required to start a Debt Management Plan? What paperwork do you need if you manage the Plan? What if you use a debt management company?