Settle-My-Debt:
Expert Help to Get Rid of Debt

In the credit crunch, consumers weren't the only ones to feel the strain; lenders have felt stretched too. Over the past decade the banks made big profits by lending money with less discrimination than they might, meaning that much of the money lent has remained unpaid. The lenders are now doing what they can to get as much of the money back as quickly as possible. Because of this they are willing to accept reduced lump sum repayments.

We are experts in debt restructuring - a complex industry that requires practitioners with expertise and knowledge of cutting-edge developments in order to help you effectively get out of debt. We are in the perfect position to help our clients to get rid of debt, working on their behalf to negotiate a deal that works for them. We also deal with creditors directly. We have a large client base and a great reputation within the industry, making lenders happy to work with us.

We will create a bespoke, affordable monthly payment plan by negotiating between you and your creditors. Our plans work by taking part of your monthly repayment to service the existing debt, and using the remainder to grow a lump sum that we then use to negotiate the final reduced settlement. Typically, the final settlement will be between 25% and 50% of the original amount owed.

All you need to do is pay the agreed affordable monthly payment and we will do everything else

It is likely that your credit rating will already have been affected if you have a recent history of missed repayments or loan applications. By using our services, you will have agreed with your creditors for them to accept a reduced repayment for the debt owed. For this reason, they will want to prevent you from borrowing any further and will issue a default notice informing other lenders that you are using the services of a debt settlement company.

We like to advise our clients that the quickest way for them to get on with rebuilding their credit rating is to get out of debt as quickly and cheaply as possible by using our services.

We can typically save you around 50% of what you owe, sometimes even more, depending on your age, employment status and who you owe money to.

For a debt of £10,000 we estimate you can get out of debt for £5,000

For a debt of £40,000 we estimate you can get rid of debt for £20,000

Your fees are included in the payment plan. We earn our money by agreeing a settlement that helps you get out of debt - we take no fee until this is achieved. An initial payment is agreed to set up the account, but after this there are no extra costs.

As an example:
If you are on a 36 month plan, the two initial of payments will be used to set up the account. After this we won't take anything until we have agreed a settlement that saves you money and helps you get rid of debt.

If you owe £10,000 and we agree to settle the debt for £4,000, then we will take our fee from the amount given to the creditor. In effect they pay! We operate a no win, no fee service.