Informal agreement

Informal agreement

The debtor can informally agree with their creditors how to pay off the debts in such a way that the instalments are affordable and the debt will be paid off within a reasonable time.

When this is not possible there are alternative ways in which the debtor can deal with their debts and creditors.

Related services

Copyright © 2022 Epoq Group Ltd. All trademarks acknowledged, all rights reserved

This website is operated by Epoq Legal Ltd, registered in England and Wales, company number 3707955, whose registered office is at 2 Imperial Place, Maxwell Road, Borehamwood, Hertfordshire, WD6 1JN. Epoq Legal Ltd is authorised and regulated by the Solicitors Regulation Authority (SRA number 645296).