Effective and swift resolution
of debt difficulties

Four step debt adjustment plan

Through our debt adjustment plan we identify any financial irregularities then assist you in challenging any demands made against you, which when successful could substantially reduce your presenting debt. This debt adjustment service is a fully regulated activity under the current Office of Fair Trading Debt Management Guidance 2012.

Risk Warnings

Please note that by not making your contractual payments to your creditors and incurring arrears, your creditors may add interest and default charges or lengthen the contractual term of your debt, your creditors can also take legal steps to recover their claims which may further increase your debt liability. Your creditors are also entitled to report factual information such as payment delays, defaults, court judgements etc., to credit reference agencies; this will negatively affect your ability to borrow money. In common with any other major financial decision, there are risks associated with starting your First Step Finance debt adjustment plan, it is important for you to note that this is not a traditional debt management payment plan. Any alleged creditors will be paid a token payment of 1.00 each month commencing from receipt of your first full monthly payment and each month thereafter until the above evidence or information is supplied, there can occasionally be proper reasons, such as time barred matters when no payments should be made, either way we will keep you informed of all developments and seek your instructions throughout the plan. Once evidence has been received the creditor will be offered a pro-rata payment, your creditor might not agree to this proposal, if this happens we will always inform you of any further options. If the alleged creditors fail to provide, within a reasonable period, adequate evidence, we will advise of your further options. The above-mentioned risks should be fully and properly considered as part of making a balanced decision on the best way to deal with your serious debt problem.

How quickly could I resolve my debts?

First Step Finance can help you with your debt situation through our personal, friendly, straightforward approach. Each case is unique and decided on its merits, so it can be difficult to say precisely how long the process will take as a whole. However, as an example, the clients who have completed our plan did so, on average, within 12 to 36 months.

Take your first step now

Contact our friendly team of trained money advisors today to discuss your personal debt options.

...or call us now on 0161 442 6344

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