Hi all Member,

Does a management plan cover all of my debts?

I think A management plan can only cover your unsecured debts and arrears.

so it's true ????

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Debt Management Companies

Hi,

A debt management plan can cover any unsecured debt (i.e something that is not secured on your property, your car or any other item) and it can also include things like gas and electricity arrears from previous addresses and there are even solutions for business debts.

If you want any further information or would like to discuss your circumstances feel free to private message me and I'll be happy to help.

All unsecured debts know how to be integrated in an IVA.
Secured debts though cannot be included but an IVA allows you to financial plan so that protected debts are not defaulted in the lead.

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Best Debt Management || UK Debt Management||Debt Management

No a management plan will not cover all your debts but if you go to a company that specialises in this then will be able to advise you on whether you should get a management plan or maybe consider something like debt consolidation. They will be able to open up your options and explain things to you that you may not have understood previously.

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