Informal distributions under the common law

Informal distributions are used in instances where, for whatever reason, debt review or administration cannot be used.
This procedure involves being upfront and honest with your creditors. We explain why you are unable to comply with your obligations and try to obtain their consent to an arrangement that works in a similar fashion to an administration, where the debtor pays an amount to us on a monthly basis and we then distribute the payments to the creditors on a pro-rata basis.
A small up-front fee is payable and the balance is deducted from the monthly installment paid under the scheme.

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