DEMSA is a trade body representing a number of debt managements co's, it stands for 'DEbt Management Standards Association.'
I think they have been around for a while, I don't know if it's any guarantee of good practice but they have a very comprehensive code of conduct on the website (which is very easy to find, just add .co.uk to the name)
DEMSA is a small organisation made up of a few firms.The Debt Resolution Forum is a bigger body that is trying to improve standards and educate the profession. They were mentioned in a good article yesterday in the Daily Express written by Geoff Ho. Visit www.debtresolutionforum.org.uk where you will find about 60% of the industry in DMP and IVA's are members.
You will also see what their members subscribe to as Standards.
Last edited by David Mond on Wed Oct 29, 2008 1:06 pm, edited 1 time in total.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
