Debt Management Regulation

Page last updated Wednesday, 13 April 2011

Mike Thomas has individual membership with the Debt Resolution Forum.

The Code and Standards

The primary purpose and function of the Debt Resolution Forum is to promote professional standards of resolving debtors financial problems, focussed on the quality of advice provided to 'consumer' debtors by all DRF members across the range of solutions which is available from time to time and irrespective of the areas of solution specialisation of individual DRF members.

DRF members approach debt resolution on the basis of identifying the solution and the outcome which are most compatible with the financial and personal position of the debtor, while taking into account the interests of the creditors of the debtor and demonstrating to them that the proposal made on behalf of the debtor is reasonable in the circumstances and is achievable.

A PDF version of the DRF code of conduct and standards can be downloaded by clicking here

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Mike Thomas aka the 'DebtWizard' helps individuals overcome their debt problems.

Mike writes all the articles found on this site.