Transcript EuroDebt Financial Services

€uroDebt Financial Services
by
Martin Healy
of Chafford Hundred, Grays
07854 739585
Martin Healy
• Chartered Management Accountant
• Personal insolvency advisor under €uroDebt
franchise
• www.eurodebt.com/healy
• Freephone 0800 840 7179
• Email [email protected]
Tel 07854 739 585
www.eurodebt.com/healy
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€uroDebt the company
• National company, Head office in Bedford
• Licensed by Office Fair Trading
• Established 15 years
• Do not do loans
Tel 07854 739 585
www.eurodebt.com/healy
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€uroDebt alternative debt solutions
• Debt management DMA, IVA and
bankruptcy assistance.
• Full and final settlements to clear
debts as soon as possible.
• Home rescue scheme (70% loan to
value)
• A personal client manager to look
after client interests
Tel 07854 739 585
www.eurodebt.com/healy
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Monthly Budget
• Income
• Priority Expenses
1000
900
• Result (happiness)
100
Tel 07854 739 585
www.eurodebt.com/healy
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Monthly Budget
• Income
• Priority Expenses
£1,000
£1,200
• Result
-£200
• May need to refinance
• May need to speak to Martin about a debt
solution
Tel 07854 739 585
www.eurodebt.com/healy
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What are “priority” expenditures
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Mortgage/Rent
Council Tax (only debt you can go to jail for)
Utilities
House Insurances
Protection Insurance
Child minding
Car Expenses
Public Transport
Food/clothing
Phone, mobile
TV (incl. Satellite) and internet
Tel 07854 739 585
www.eurodebt.com/healy
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DMA or IVA?
DMA
IVA
Min monthly
payment
Public record
£100
£300
Private
Public
Term
No
5 years
Creditors Agree Yes
75% min value
Interest stopped Yes
Yes
Tel 07854 739 585
www.eurodebt.com/healy
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Does it affect my credit rating?
• Yes
• If client credit rating is poor now, then it will
repair during a DMA or IVA
• Even if credit rating is good, client may not
be able to refinance because existing
unsecured debt is not under control
Tel 07854 739 585
www.eurodebt.com/healy
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Clients €uroDebt can help
• Someone having to work abnormally long hours
just to “make ends meet”.
• Someone who has lost high paying job,
continues to spend as previously, now working
for lower earnings.
• Someone who cannot refinance
• Business startup
Tel 07854 739 585
www.eurodebt.com/healy
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€uroDebt offer
• free initial consultations
• We do debt management not debt
avoidance
Tel 07854 739 585
www.eurodebt.com/healy
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