Debt Settlement Arrangement

A Debt Settlement Arrangement is for people with unsecured debt who are insolvent but who can afford to make either regular payment or a lump sum payment towards their debts, after they have paid their necessary household expenses. There is no minimum or maximum limit on the amount of debt you can have to be eligible to apply for a Debt Settlement Arrangement, but you must apply through a Personal Insolvency Practitioner who will charge a fee for this service.

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