Services
Informal agreements
If you’re struggling with debt and looking for a flexible solution to manage your financial obligations, an informal agreement may be the right option for you. At Credit Fixx, we specialize in assisting individuals like you in finding practical and customized approaches to debt resolution.
What is an Informal Agreement?
An informal agreement is a flexible arrangement made between you and your creditors to restructure your debt repayment terms outside of formal legal proceedings. It provides an opportunity to negotiate new repayment terms that are more manageable for your financial situation.
How Does it Work?
When you choose to pursue an informal agreement, our team of experienced professionals at Credit Fixx will work closely with you to assess your financial circumstances and develop a tailored repayment plan. We will then engage in negotiations with your creditors on your behalf to obtain their agreement to the revised terms.
Is an Informal Agreement Right for You?
While informal agreements offer numerous advantages, they may not be suitable for everyone. Our dedicated professionals at Credit Fixx will conduct a thorough assessment of your financial situation and explore all available options. We will provide comprehensive advice, ensuring you have a clear understanding of the benefits and potential implications before making a decision.
Benefits of Informal Agreements:
- Tailored Repayment Plan: An informal agreement allows for a customized repayment plan that considers your income, expenses, and financial goals. This ensures that the agreement aligns with your financial capabilities and helps you regain control of your debts.
- Negotiated Debt Reduction: Through our negotiation process, we will strive to reduce the overall debt amount. By securing agreement from your creditors to accept a reduced payment, you can potentially save a significant sum of money.
- Simplified Debt Management: With an informal agreement, you can consolidate multiple debts into a single, manageable repayment. This simplifies your financial management and helps you stay organised.
- Preserve Relationships with Creditors: Informal agreements provide an opportunity to maintain a positive relationship with your creditors. By demonstrating your commitment to resolving your debts, you can foster goodwill and potentially avoid more aggressive debt collection actions.
- Flexible and Voluntary: Unlike formal insolvency options, informal agreements are not legally binding. This flexibility allows for adjustments to the repayment plan if your financial circumstances change. Additionally, it provides a less intimidating and more cooperative approach to resolving your debts.
Take the First Step Towards Financial Freedom:
If you’re burdened with overwhelming debt and need a flexible solution, Credit Fixx is here to help. Our team of experts has extensive experience in negotiating informal agreements and will guide you through the process with compassion and expertise.
Contact Credit Fixx today to schedule a consultation and take the first step towards regaining control of your finances. Let us help you explore the possibilities of an informal agreement tailored to your unique circumstances, empowering you to achieve a debt-free future.