My Debt Plan

About

My Debt Plan is a personal insolvency provider based in Manchester offering debt solutions to individuals struggling with multiple debts.

The business specialises in Individual Voluntary Arrangements (IVAs), a formal, legally binding agreement between a debtor and their creditors that freezes interest, reduces monthly payments to an affordable level, and writes off remaining debts after the arrangement concludes.

The service involves an initial assessment of the client's financial circumstances, followed by preparation of an IVA proposal for creditor consideration. Once approved, My Debt Plan's insolvency supervisors manage all creditor communications and administer the arrangement, typically lasting five years. The business also offers alternative debt solutions including debt management plans, debt relief orders, and bankruptcy advice, with separate products available for Scottish residents.

Common questions

Where is My Debt Plan based?

My Debt Plan is based at Manchester, Greater Manchester.

What does My Debt Plan do?

My Debt Plan is a Manchester-based personal insolvency provider offering Individual Voluntary Arrangements and other debt solutions to help individuals consolidate debts and negotiate affordable repayment terms with creditors.

What sector does My Debt Plan work in?

My Debt Plan works in the Financial Services sector.

How can I contact My Debt Plan?

You can contact My Debt Plan by telephone on +44 161 826 0420, by email at martyn@mydebt-plan.co.uk or through its website at https://mydebt-plan.co.uk.