Apply for a Debt Management Plan

How to apply for a debt management plan yourself. When will you need to use a commercial company? Should you use a free service?

What happens to my Bank Account in a Debt Management Plan

Should you open a new bank account if starting a debt management plan? If so which type is best? Is it worth paying for a managed account?

Debt Management Plan Living Expenses Guide

A guide to the living expenses allowed if you start a Debt Management Plan. Get a copy of our comprehensive DMP living expenses guide.

Reasonable Housekeeping Budget for Debt Management

Housekeeping budget guidelines for a Debt Management Plan. What if you spend more than the recommended amounts. Can you include children over 18?

Does my partner have to pay if I start a DMP?

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 I delay starting a DMP if I am planning to move home?

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?

Set Up a Debt Management Plan Yourself

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.

Is starting a DMP before an IVA a good idea?

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?

The Debt Management Protocol

What is the Debt Management Protocol? What standards has it introduced? Are they mandatory? Will the introduction of the Protocol be effective?