Authority to act
Permission given by a client allowing an adviser or representative to communicate and negotiate with creditors on the client’s behalf.
Related terms
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Letter of authority
A signed document allowing an adviser or representative to communicate with creditors or other organisations on the client’s behalf.
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Creditor negotiations
Discussions with creditors aimed at changing repayment terms, agreeing time to pay or reaching a settlement.
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Debt advice
Information and guidance designed to help someone understand their debts, risks and available options before deciding what to do.
What’s your next step?
Get in touch with us at Bell & Company today to see how we can help