If you've found
yourself in a position where your repayments to credit companies is taking up
all your available money, perhaps to a point where you are struggling to keep
up with essential costs, It could be time to consider a debt management plan
(DMP).
A debt management plan is an agreement drawn up between yourself and your creditors which arranges that
you shall agree to make certain payments with a view to clearing your debt,
this agreement might be in place for several years and you should be aware that
you will have to upkeep your promise of payments over that period.
It is possible to draw
up this agreement for yourself, or alternatively, use a third party client to
arrange the details. Jackson Partners can be that third party intermediary,
offering many years of successful debt reduction for many people, Jackson Partners takes pride in itself for its debt management programs.
Having this buffer means that during what can be a very
stressful period, in which creditors and debt collection agencies are actively
chasing unpaid debts, you have someone else acting in your best interest.
Acting as an intermediary Jackson Partners understand
and already have existing relations with crediting companies and have years of
experience in dealing with DMPs, As a debt management company Jackson Partners
is already in a better position to negotiate with the lender on your behalf.
As a company we do ask for fee’s based on our debt management
services, as a customer of Jackson Partners you will find our service to be
precise, impartial and confidential. Importantly each plan is personalized to
the individual’s needs.
You can approach Jackson Partners for free consultation
about debt management with no obligation to enter into our service. Be aware
undertaking a DMP becomes a financial responsibility. Failure to upkeep
payments could require more substantial debt reduction methods which could
include personal bankruptcy, the ramifications of which are substantial.
Debt management plans are not the perfect solution in all
cases. Your personal financial situation is the most important indicator of the
whether one is right for you. Talk to Jackson Partners today if you need any
advice about managing your money.