Non statutory debt solutions and budgeting

This one day course looks at debt management plans, token payments and full and final settlements. It covers the importance of effective budgeting and how it can be used to assess an individual's financial difficulty.

This training will give you the knowledge and skills to

explain the importance of a tailored budget
demonstrate how to compile a budget based on personal circumstances
identify how to review and agree an effective personal budget
descibe the key features and principles of the non statutory debt solutions: debt management plans, token payments and full and final settlements
outline the potential impact of each non statutory solution, and
explain the process involved in each non statutory debt solution.

You will receive

comprehensive course material
a highly interactive and participative training session, and
training from qualified trainers with a debt counselling background.

Accreditation

This course content is aligned to the Institute of Credit Management's (ICM) accredited unit award in Non statutory debt solutions and budgeting advice.

Credits gained from this award can be accumulated towards the Diploma in Money and Debt Advice. To get the unit award you will need to complete an assignment through the ICM. Read more about the ICM Unit Awards in money and debt advice.

This course also aligns to the National Occupational Standard (NOS) LA41 first line money and debt legal advice. View a detailed description of the standard.