Nowadays, more and more people are experiencing financial difficulty than ever before. People have lost their jobs, been burdened with large medical bills, or fallen victim to the downturn in the economy in terms of earning potential.
If you are one of the many who have been affected in these or similar ways, and you also have the added burden of unaffordable debt, then you are not alone and there is professional help at hand.
For many people like this, Professional Debt Solutions company can provide the advice and expertise to free them from the constant worry of their debt and the actions of their creditors. Professional Debt Solutions is a wholly owed Irish company, providing needed respite to those with financial difficulties and Niall Moran is their Midlands representative. Niall has been providing financial advice to clients since 1997.
“We have branched into professional debt advice as many of our clients have required specialist advice and help in relation to ongoing financial situations. It became clear that debt advice and management is an absolute necessity now and will remain so in the future,” says Niall, manager of the Professional Debt Solutions’ Midlands office which is based in Athlone.
In the Longford/ Offaly/ Westmeath area alone, unemployment has soared in the last year, with thousands of people now claiming unemployment benefit in the area. Many of these people are unable to meet their mortgage or rent repayments, their week-to-week household expenses, and their mounting personal loans and credit card debt
“At Professional Debt Solutions we provide free and impartial advice to those that need it and we provide it quickly. We will also negotiate with creditors and manage unaffordable debt by way of reduced payment programmes,” says Niall.
Professional debt management programmes are increasing in popularity as they give control to the client, allowing them to repay their debts at an affordable rate and to build a payment profile which will help rebuild their credit history. Niall Moran stresses the point that a debt management programme is only suitable for specific circumstances where there is a shortfall in meeting a number of unsecured debts. “We will firstly analyse our client’s overall financial situation, before recommending any viable solution. If there are several options to consider, we will provide them to the client and let them make an informed choice in how they wish to proceed and deal with their debt.”
Niall explained the debt management fee structure. “Our advice and consultations are free of charge. We only charge fees where a fully negotiated and managed plan is put in place through our company. These fees are factored into the programme itself and are based on the client’s affordable repayment so they do not become an additional burden.”
For more information on debt advice or debt management programmes contact Niall Moran on (090 ) 6491445 or at Professional Debt Solutions, 1 Garden Vale, Ballymahon Road, Athlone, Co Westmeath.
