question category: Debt Management

How do I set up a debt management plan?
Submitted on: 28th Oct 2008 by Non-Member | Total Answers: 2

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Re: How do I set up a debt management plan?

A debt management plan is not a legally binding agreement and can be set-up by you or a specialist debt company or organisation. If you chose to do it yourself you should follow the procedures set out in our debt self-help guide.

Submitted on: 29th Oct 2008 by TA Member

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Re: How do I set up a debt management plan?

It is fairly easy to work out a plan. Work out what you get in and what your normal bills are (not including your debt payments) and use the rest to pay to the creditors. The largest amount owed get the most money on a percentage basis.

Submitted on: 6th Feb 2009 by Shaun at Debtaid Member

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