A debt management plan can help you to consolidate all your unsecured personal debts into one affordable monthly repayment. A debt management company can help you to obtain a debt management plan to clear your personal debts.
Debt management plans have no fixed end date and you can not obtain any guarantee that the interest and charges applied to your accounts will be stopped, reduced, or frozen.
A debt management plan is an excellent alternative to an IVA or Bankruptcy. A debt management plan will even help you to avoid releasing equity from your home through a re-mortgage or secured home loan.
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