Debt Management Plan Frequently Asked Questions (FAQ)

What is a Full and Final Final Settlement Offer?

A Full and Final Settlement Offer is an offer of partial repayment to your creditors in the form of a one-off lump sum payment in return for having the remainder of your debt written off. A Full and Final Settlement Offer is a suitable strategy to clear your debts if you have access to a lump sum of money.

It may be possible to enter into a Full and Final Offer if you are currently in an IVA or Debt Management Plan.

For more information, call us on 0800 707 6109 or simply fill in the online application form on the left. Our initial advice is free and completely confidential so why not give us a call today...

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Other Debt Management Plan FAQs

• Will you deal with all my debts in a Debt Management Plan?
• Will my creditors accept this arrangement?
• What should I do if my creditors continue to contact me or have passed the debt to a collection agency?
• What if my circumstances change?
• Can I still keep using / applying for credit whilst on a Debt Management Plan?
• Can I still get a County Court Judgement (CCJ) whilst on a Debt Management Plan?
• Can I add creditors to my existing Debt Management Plan?
• Will my credit rating be affected if I go on a Debt Management Plan?
• What is a Debt Management Scheme?
• What is a Full and Final Final Settlement Offer?

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Debt Fixers is a trading name of Money Debt and Credit Ltd. Registered in England & Wales No.05588842. Registered Office: 45 Clarendon Road, Watford WD17 1SZ