The course will look at the common options for debt clients and will focus on the basic rules as well as the pros and cons of each option. The course will look at common problems when dealing with uncooperative creditors as well as covering issues such as identifying appropriate strategies, involving clients in the decision-making process and other best practice approaches.

Aims

The course will look at the common options for debt clients and will focus on the basic rules as well as the pros and cons of each option. Identifying key issues to be considered when compiling a financial statement will be included.

Objectives

At the end of the course you will be able to:

• Explain the FCA rules and guidance governing debt advice

• Identify best practice principles and issues that may impact on the delivery of quality advice

• Explore the key factors to consider when identifying an appropriate debt option

• Explore common issues and problems when compiling a financial statement

• Explain the advantages and disadvantages of each debt option

• Identify common problems with creditors