If you are seeking to enrol in a Debt Management Plan (DMP) then you should consider choosing Myvesta first. As an International Social Enterprise we have developed our debt management plan service to offer legal protections to our clients along with a bank and credit card company penalty charges and PPI recovery service that other DMP providers are unable or unwilling to put in place.

Debt management plans are often a good way of dealing with a multiple debt situation when other formal solutions such as an IVA or bankruptcy are not realistic options. As debt management plans are informal and involve the repayment of a person's debts in full over a longer period of time, it should be noted that debt management plans are not binding on creditors and creditors do not have to formally agree to DMP proposals.

Unfortunately this means that many creditors will continually chase or harass people for higher payments whilst they are in a debt management plan. This can result in ongoing stress caused by creditor policies of aggressive collection calls and letters even though legally creditors have a responsibility to act within the law and to abide by rules set out by the Office of Fair Trading and British Banking Code.

To ensure that our clients are not subjected to continuous creditor collection pressure, Myvesta debt management plans now come with legal protection from law firm R.J. Hutcheon Solicitors. This law firm is already taking legal action against creditors that have acted unfairly and unreasonably towards individuals with debt problems and will be by your side when you start your debt management plan with Myvesta.

The legal protection offered by R.J. Hutcheon Solicitors covers the following areas:

• Stopping collection calls from your creditors
• Stopping harassment from your creditors
• Stopping violations of the OFT Debt Collection Guidelines by creditors
• Stopping violations of the Banking Code by creditors
• Help claiming back unfair bank charges and PPI costs
• Dealing with unfair creditor court action against you

This legal support from Myvesta is unique and has proved very popular with our clients in ensuring that they are treated fairly by their creditors. Your solicitor will contact your creditors on your behalf immediately when you start your debt management plan or IVA with us in order to alleviate any concerns that you have or stress that you may be feeling due to creditor debt collecting pressure.

An example of the initial contact your solicitor will make with your creditors can be viewed online and more information about Debt Management Plans can be found in our online FAQ section.

Once you are enrolled into the debt management plan and enjoying the benefits of the debt management plan you will also be able to check your account activity and status online via a secure website.

Enrol Now

It's easy to enrol in Myvesta UK's Debt Management Plan. Simply complete our easy online form and one of our Senior Advisors will post you an enrolment kit. Click the button below to enrol now.

Additional Support – The Myvesta Prepaid MasterCard

The Myvesta cashplus Gold prepaid MasterCard is the easy way to make card purchases for life's necessities while you are repaying your debt. You can use it to pay for whatever you want, like groceries, petrol, booking holidays and shopping online. It is accepted worldwide wherever you see the MasterCard brand mark. Getting a payment card has never been easier, with no credit check and no need for a bank account; this is the everyday prepaid card that lets you stay in control. As a Myvesta Debt Management Plan client you will have the option of receiving a cashplus card (£9.95 activation charge and £4.95 per month) or you can apply for it directly on our web site.

Questions?

Please feel free to contact a Myvesta Senior Advisor online or call us free on 0800 1116 885.