The Complete Debt Guide
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Informal Debt Plans:

Who informs the creditors?

Your personal advisor will contact your creditors to inform them of our intentions to enter into a DMP. They will explain your situation and present a statement of affairs (SOA) which will outline the offer of payment to them, this should mean that the amount of communication is eased and will cut the stress involved.

This page last update: 21 Apr 2009, 16:26:10
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