A Debt Management Plan (DMP) is a comprehensive and customized solution based on your unique situation, that allows you to
Consolidate multiple unsecured EMIs like personal loans, credit card debt, education loans, and bank overdrafts-into one affordable monthly repayment plan as per your income and expenditure limits. We will also explore options for converting high-interest loans into more manageable low-interest loans.
Control the constant unmanageable creditor harassment owing to at times illegal recovery processes, including unwanted visits at home or work and legal notices
If you're receiving harassing phone calls, simply redirect them to our paralegal team. They will handle all communications on your behalf. If creditors come knocking at your door or workplace, our Advocates will step in legally.
Seek legal support from our team of advocates including responding to legal notices, stopping automatic withdrawals from your bank account, handling bounced cheques and court hearings.
If it’s determined that creditors haven’t followed RBI guidelines or if there’s been irresponsible lending, our Insolvency Lawyers (IL) can request that interest and charges be written off. In cases of damage, we can intervene and even claim compensation on a “No Win, No Fee” basis—meaning we only charge if we win compensation for you.
Supporting and guiding you on a path to freedom from debt trap by paying off one creditor at a time:
Instead of juggling multiple creditors, you’ll make just one comfortable payment each month based on your situation, income and expenditure.
You won’t have to deal with creditors directly; we handle all communication for you by redirecting to our paralegal team for peace of mind.
Our Advocates will handle any legal notices or issues related to bounced cheques, harassment, property damage, court hearings etc.
Improve your credit rating with consistent payment getting reflected on your credit report, reduced debt amount and our financial guidance,
With our financial education program, budgeting tips, continuous counseling and improved credit report, you will be ready for a mentally healthy and prosperous financial future.
SingleDebt specializes in effective debt management solutions, helping individuals and businesses reduce their debt and regain financial stability.