Welcome to Platinum Debt Solutions

 

Platinum Debt Solutions works alongside a large and established debt solutions provider in the UK, predominantly offering advice and above all a solution to people with unmanageable unsecured debt levels, we offer FREE impartial debt advice in all types of situations. All enquiries are kept private and confidential to avoid embarrassing situations.

To prgress to the next stage all we require is a completed online application, which is very simple and straight forward. Once this has been completed one off our Customer Service Representative will call for a non obligation chat.

 

 

For the application of an Individual Voluntary Arrangement (IVA). We negotiate with all creditors a fair and affordable dividend calculated by completing a full Income and Expenditure fact find that the client pays back over a maximum period of five years, this monthly dividend can be as low as £200 a month, but the amount payable will be considerably lower than existing payments. Once the IVA proposal is accepted all interest is frozen and creditors are not allowed to contact debtors in anyway. Every case is different and can include certain clauses like the remortgaging of property in year three or four of the IVA to pay a lump sum payment from the maximum offer available from the mortgage lender, thus potentially ending the IVA early. The IVA is a formal contract between the client, creditors and the Insolvency Practitioner.

 

For the application of the Debt Management Program, Platinum Debt Solutions will negotiate with the creditors a more comfortable and affordable payment with the creditors, this is an informal arrangement with the creditors and the client will pay back 100% of their debt over a period of time, the amount payable is considerably less than the total minimum payments expected by the creditors, some creditors will freeze interest payments and stop chasing clients over their debts, but this is not guaranteed.