I would certainly advise to do research on a company before you consider using them. As it has been mentioned there are companies that will offer a free DMP to you that work on an ethical basis, there are also one or two companies that have a small monthly charge but still operate ethically. Here at DAT we would look at your situation and evaluate the best route for yourself and put you in touch with a company that can provide this solution for you. The companies we refer to are reputable companies with no additional costs to you.

Give us a call.

I chose to enlist the help of a so called debt management company who succeeded in making my situation worse! I have £28,000 worth of debt and gave this company all of the information regarding account numbers, names etc and trusted them to act in the best way possible on my behalf. It took them up to 6 months to make a first payment on a couple of the accounts and the creditors continued to call me throughout this period which obviously did not reduce the stress. Some creditors accepted my explanation that this had been passed to a management company on my behalf but others were tired of hearing this and accused me of continuing to delay payment on purpose. I asked for them to return all of my information to me and to stop acting on my behalf and I contacted all creditors myself to continue with the arrangements that had been made. Some were ok and others went ahead and issued a summons which I tried to avoid from the outset. My advice is to choose a government funded debt trust or bureau who do not charge or make money out of people who are already in debt and who also do not forward your details to companies who offer consolidation loans at extortionate rates to get you into further debt.