Do you feel that your debt management plan is not working?

Are you concerned your money isn’t being paid to your creditors quickly?

Tired of speaking to a different person every time you call?

Are you treated like a number rather than a person by your DMP provider?

Is your debt management company slow to respond to your requests?

Bright Oak is frequently contacted by people who are already in debt management plans and who are not happy with the service they are receiving.

These concerns broadly arise from two main scenarios:

Firstly many people find that the commercial debt management companies they have employed lose interest once they have received the initial fee(s) from the client. Concerns include a lack of response to requests, insufficient updates on progress and problems with slow or non-payment of money due to creditors.

Secondly many people find they have entered into debt management plans with “free” organisations who are currently extremely busy and suffering from stretched resources. While many people are happy with the service they receive a substantial minority are concerned that the service they are experiencing simply isn’t up to scratch.

Changing debt management company is easy. Under OFT guidance nobody should be tied to their existing provider.

Bright Oak offers a unique service to those seeking to switch to a new DMP company:

• Using the work you have already completed with the existing debt management organisation we can quickly contact your creditors.
  
  
• Any existing arrangements with creditors can normally be maintained to avoid disruption.
  
  
• Any creditors who have failed to respond to the original proposal, who continue to contact you directly, or who have objected to the original proposal can be proactively contacted within a very short space of time from your first contact with us.
  
  
• Payments to creditors can continue as normal or in many cases be accelerated.

We are often able to waive our initial fees where a significant amount of detail (from the existing debt management company) can be provided to us.

Every case is different; without any commitment you can discuss with us whether changing your debt management plan to Bright Oak will be of benefit to you. If we don’t think it will help you we’ll explain why. If we believe we can help you and your DMP we’ll explain how.

Please call us, or complete the “switching” contact form below so that we can get in touch with you.