Singing Pig

I recently had a short conversation with someone who has started his own debt management business.  I am intrigued by this, and wondered if any of you have experience in this field.

Can anyone give me a brief overview of what such a business would involve, or better still, point me to a site that would offer up some info.

Thanks,

Keep it goin'

did you have any joy with this kig?

i to would be intrested in knowing more if any one knows how some one would go about it ?

If it helps you, we've just launched our Debt Management proposition. It's perfect for "one man" operations and is highly cost effective as we undertake all the admin etc, allowing you to deal with sales.   It's very professional, uniquely web based, situated in a modern admin centre in P'boro (come along and take a look ) it is based on our highly succesful mortgage packager network model, (the biggest and best in the country) so we know how to manage and create a network. 

We are looking for good, professional ethical people to join this new DM network (and there's a lot more to come next year).  Take a look at this link which details the DM launch and if your interested in taking things further contact me on the tel number.

http://www.myconnexion.co.uk/news/newsletters/brill_launch.html 

Martin

Although I have advised in debt managment roles in the past I feel the benefit for the consumer is to now challenge his/her credit agreement.  There is a 50 % the debt is unenforceable.  Our legal team would wipe the debt off without affecting the clients credit file. Also an IVA or a Debt Management Plan can take between 3 to 20 years to complete and has a negative impact upon the clients credit history which obvioulsy deters lenders for future reference. 

 

However if you want to get involved in Debt Management then you need the appropriate license from the Office of Fair Trading which allows you to 'debt adjust on a commercial scale'.  Alot of time and patience is also needed  as you need to get a database for all the creditors in the UK which is over 5000, and if you have got the time and man power I wish you all the best.   If you would like an easier proporsition then I would suggest being an introducer for MonsterClaims.  This would bring in 4k every 3 months  with 1/16 of the work needed to fill the role of a debt managemnt advisor/ back office handler.  If you would like more info please send an email to r.facchin@monsterclaims.co.uk.

Hi Keep it goin' i am also currently looking at setting up possibly a debt managemnt company. How has your quest for finding any further info?

I represent a group of companies, one of which is a debt management company that has been running successfully for nearly two years www.tcfdebtsolutions.co.uk

 If you have any specific questions please ask and I will do what i can to help.

www.tickmerchant.com

www.loanoptions.co.uk

www.clearchoiceloans.co.uk

I launched www.yourcreditmatters.co.uk on Monday just gone, if anything I have listed is of interest please do not hesitate to mssg me.

 

Seems like you've got a nice business there Gareth. I'ts something i've been meaning to get started myself. The websites look good.