DMP: a Plan to be Debt Free
If you just don’t have enough to make full payments, but there is enough to make reasonable payments, then a Debt Management Plan may be an option for you.
DMP benefits may include:
- Stop harassing phone calls
- Make one payment to your creditors
- Reduce credit card interest
- Late and over-limit charges are typically eliminated
- Most creditors re-age past due accounts after the 3rd consecutive payment
- Avoid bankruptcy
The plan is designed to be debt free within 60 months.
