New partnership offers quality debt management services to Brokers

Leading debt management company, EuroDebt has established a new Partner Agreement with Debt Distress Limited. Under the new agreement, Debt Distress member brokers and financial intermediaries, will be able to offer clients access to a personalised debt management plan designed to help them regain control of their finances. Debt Distress was established in 2005 to allow brokers to offer alternative solutions where they have identified that a consolidation re-mortgage is not a feasible option or best advice.

"EuroDebt shares our focus on providing a quality service to help consumers in serious financial difficulties", explains Jo Anido Tasende, Director of Debt Distress. "This makes EuroDebt an ideal partner for us, providing the customers of our network of brokers with a genuine range of alternative debt solutions. As a result of the "Credit Crunch" it is now more critical than ever before that the client receives suitable advice which takes account of their circumstances. We will be working closely with EuroDebt to offer clients an effective Debt Management Plan, as a real alternative to bankruptcy or an IVA."

"As well as the benefits for the clients of our network members, this partnership offers brokers an additional income stream and a genuine means of staying in contact with their clients. The evidence of the first two broker seminars that we have run in November and December has demonstrated the need for alternative debt solutions and many brokers have already registered to use the service and started referring clients."

The EuroDebt Debt Management Plan is designed to focus on finding the right debt solution for an individual through a highly personalised service, including an initial face-to-face meeting. Working closely with individuals to create a proactive plan to deal with defaults and court actions, EuroDebt helps clients manage their debts and take control of their finances.

Kevin Still, Director EuroDebt Financial Services concludes, "We are delighted to be working with Debt Distress, adding another strong partnership to our growing portfolio of Partners and broker introducers. As a specialist Debt Management Company that does not provide re-financing or brokerage services, we are able to work with the financial intermediary sector in a very complementary manner."

"The EuroDebt Debt Management Plan offers very real results, as well as attractive commissions for our partners and the brokers in their networks. We look forward to working with Debt Distress to deliver tailor-made debt management solutions to its customers - helping put them in control of their finances."

Back to Main Press Releases Page