We provide guidance and oversee plans to improve your position in negotiations with your creditor/banks.
We, at IMS, advise on the options to be considered now and into the future, to facilitate a possible re-structuring of your bank debt / adjustment in your personal liability.
We consider potential workout solutions, to include possible re-financing; introduction of new equity (if available), joint ventures, or disposal of assets.
With your written consent, communicate with all third parties on your behalf, where appropriate, to negotiate and discuss your outstanding credit facilities and all other associated matters.
IMS Debt Management provide a confidential, efficient and competitive service. It is provided at a time and place convenient to our clients, either in our offices in Kilkenny Clonmel & Galway or by appointment outside our office. Contact us today.
With over 55yrs+ combined experience we offer a wide range of services to suit your individual needs.
As a Debt Management Firm our employees are qualified and experienced in dealing with customers experiencing financial difficulty. We have a clear fee structure and are fully regulated by the Central Bank of Ireland.
We follow a defined process that takes account of
We have adopted a 4 step process that is clearly defined and has assisted customers in negotiating restructured agreements.
This involves a ‘Face to Face’ meeting with one of our qualified debt advisers, a thorough fact finding process is followed. We obtain an accurate picture of the customer’s financial position. This is essential as we cannot give appropriate advice without this information. Details such as assets, liabilities, income & expenditure, current & past financial history are discussed. The level of both consumer and non-consumer debt is also established.
Prior to the provision of any advice, we will provide you with a statutory ‘What you should know’ letter. This document clearly sets out our fees. At this stage, a fee will be paid. This fee will be advised in advance of any consultation. Advice will only be provided upon return of signed ‘What you should know’ letter.
If you decide you want to proceed with us to assess your options in full. We will provide you with, our Debt Management Assessment pack, a checklist of what we will need, and a Letter of Authority to enable us to engage with Third parties to obtain or provide information where required. This must be completed in full, signed and returned to us with supporting documentation. We will issue you a Statement of Advice, and we will contact you to discuss the assessment outcome.
Once Creditor Proposals are completed, we will then make contact with Creditors with a view to engaging in an open & transparent negotiation between all parties in the expectation of achieving an agreement between all concerned. We primarily negotiate with a view to obtaining a long term sustainable agreement.
Once final proposals have been agreed between all parties, we will outline in writing reasons why this is the best possible outcome for all involved. Some agreements require a trial period & it is recommended that our services are retained until completion of any such period.
Please note IMS is required to have all clients who may wishes to avail of our Debt Assessment Pack provide their Name, Contact Number and email address. For a Assessment Pack or more information please contact us on 056-7756122.
