Debt Management Programme
Managing your debts couldn't be simpler.
As soon as you contact Gregory Pennington, you’re one step further on the road to financial recovery. Our Debt Management Programme could be your easiest and least stressful way out of debt.
This is how the programme works:
Debt Management Programme step 1
We talk to you about your financial situation (in complete confidence of course). We look at your income and expenditure and agree an affordable monthly sum with you that will be used to make repayments to your creditors whilst allowing for all your day-to-day living expenses.
We then send you an introductory pack detailing the payment programme we have discussed. Once we receive your signed authorisation and first payment we are able to take the next steps on your behalf.
Debt Management Programme step 2
Once on the programme you get a single point of contact – your Personal Finance Manager – who is available to give expert help and advice whenever you need it. Our Creditor Liaison team begin negotiations with your creditors to agree reduced repayment arrangements and ensure each of your monthly payments is distributed amongst them.
As we will now take care of all the administration for you, any correspondence you may receive from your creditors can be simply forwarded to us in the pre paid envelopes provided.
Debt Management Programme step 3
You’re well on the way to financial peace of mind! Our team will continue to maintain your account and send you monthly statements showing payments made on your behalf. We'll regularly review your situation and, should your circumstances change, your Personal Finance Manager is available to advise you or adapt your Debt Management Programme accordingly.
Have your own Personal Finance Manager
Imagine having your own expert on call who will take care of all aspects of your programme, deal with your creditors and make sure that your programme is always right for you. With a Gregory Pennington Debt Management Programme, we believe you’d rather deal with a person instead of a faceless organisation, so all our debt management clients get their own named Personal Finance Manager (and their direct dial number) who is there to personally look after their programme.
Registered in England and Wales
Subject to status. Conditions Apply. Repaying debt over a longer period may increase the total amount to be repaid
Your ability to obtain credit will be affected in the short term and might be affected in the medium to long term. Fees payable.
Telephone calls may be recorded for training and quality purposes.
Debt Management | Debt Solutions | Debt Consolidation | IVA | Trust Deed