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Looking for advice on informal arrangements and debt management?

If you are finding that your debts are becoming increasingly unmanageable, it’s time to seek professional advice. There’s a number of options available and HJS Recovery can help you to put the right plan in place that addresses your individual circumstances.

The team at HJS Recovery have helped many individuals to review their debt management and identify a better solution for the future. Whatever your circumstances, let us help you. Contact us today on 0800 0141 130.

Informal arrangements and debt management

Informal arrangements and debt management are options available when you have serious debts and have difficulties in paying creditors.

In an informal arrangement your creditors are contacted with a view to negotiating with them to accept lower repayments until such time as your circumstances change and you can meet your obligations again.

If this is the most suitable course of action for you, HJS Recovery can put a plan together and negotiate with your creditors on your behalf.

In an informal arrangement the lender can, if they wish, refuse your offer and thus leave you liable to continue paying the full amount.

An informal arrangement is usually only effective where your cash flow problems are short term. If the problem is more serious than this, then you will need to consider other more formal options.

Sometimes, a formal arrangement is more suitable. We would recommend speaking with us before you speak with your creditors.

When should I consider informal arrangements?

The reality is that informal arrangements are usually most effective when your cash flow problems are short term.

Remember, with an informal arrangement the lender can, if they wish, refuse your offer and thus leave you liable to continue paying the full amount. If the problem is more serious than this, then you will need to consider other more formal options, like debt consolidation.

 

Contact HJS Recovery to learn more

Call now on 0800 0141 130 for a confidential discussion about your circumstances and how HJS Recovery can help you get back on track.


Contact us today for FREE to learn more about how we can help you and your business.

We have a team of advisers who have helped hundreds of businesses around the UK that have faced financial pressures on every scale. You are not alone.

Call us free and in confidence on 0800 0141 130 and together we will sort things out.