Debt Management Plan

If you’re struggling to pay down your debts, our exclusive Debt Management Plan (DMP) may be for you. Our DMP can help reduce your overall outstanding debt amounts by pausing your interest and protecting your assets. It will give you a fixed period until your debts are cleared and ensure the required debt payment schedule is affordable, based on your budget. Once you engage us for a Debt Management Plan, harassing phone calls and recovery action from creditors will stop.

After engaging Lanyana Financial group, a Case Manager will be assigned to collect information for your DMP application to creditors. Your Case Manager will promptly request any required information from your creditors. Once your Case Manager has sent requests to your creditors, all creditor contact will be redirected to our office.

The information collected will help your Case Manager understand your circumstances to make an assessment on how best to address your debts. A tailored solution will then be prepared for you. Your DMP can take the form of a Debt Agreement (formal or informal), a debt settlement or a combination of both.

To qualify for a Debt Management Plan, you just need to be experiencing financial hardship. In other words, you must be struggling to meet your creditor repayments as they fall due. At Lanyana Financial Group we understand that no two situations are the same, however common underlying causes of financial hardship often include:

Our DMP can be tailored for anyone experiencing financial hardship. There are no minimum or maximum restrictions on the amount of debt you owe, value in assets you have or income you earn. These factors only play a role in the type of DMP recommended for your individual situation.