Debt Management Program Tips

debt management program information

Question about using debt management program, would you do it?
my partner has a loan for 395 per month for the next 4.5 years and he also pays 100 for 2 credit cards which are 2000, so in total he pays around 500 per month. He is just about manging the payments but he has been approached by a debt management company who say that they will take on his debt and he has to pay them 200 a month instead for the next 6 years but obviously he will then have a bad credit score during this time. It is a reputable company would you do it ?

Can anyone suggest a good debt management program?
I am in need of a good legitimit debt management program one that does not charge huge fee's does anyone have experience with one? please help

Is it ok to keep at least 1 credit card while in a debt management program?
Never use it just keeping it to show that I have some type of credit.

Do I have to have collateral to use a debt management program?

Which debt management program do you suggest?

Is it allowed to open another account whilst in debt management program?
she has current account with natwest, a visa electron card. want to keep it to debit her bills but want to open a new account to other bank with visa card , is she allowed?

Can my credit score improve after a debt management program?
I signed up with a debt management company due to a large amount of credit card debt I accumulated.This was after I read that this can be equivalent to filing for bankruptcy? Is it really that bad? Now that I have focused on paying off debt on time and budgeting, I am hoping my credit score can greatly improve in spite of the debt mgmt program? I have since canceled the program and I'm paying the debt myself.Thanks.Please, no sarcastic " told you so" comments, I'm kicking myself enough as it is

Should I consider taking some debt management program?
I owe more than $40,000 in credit cards bills. I can barely pay the minimum payments monthly, and it would be better if I can have one low payment combined. Should I consider some sort of debt management program? I applied for a debt consolidation loan before with BofA, but I was denied due to high balance. Now, I'm trying to see all the option available. I am a homeowner, single. I have stopped using MOST of my credit cards, and am trying to stop using all of them completely. Can anyone please give me some advise on what are the best options out there?

Are there any free debt management programmes uk?
Since the recession i have really struggled to feed my children and pay all the ever increasing bills on my wage. I now admit i need help before i go under.I WANT TO PAY my creditors and if it takes me till im 75 i will.I spent the money after all. But food warmth a roof over our head comes first. I am paying all of them the minimum payment but this can't last.

Is there a website that offers a debt management program that is different than consolidation or settlement?
I have heard that it is a better option because it will not negatively affect my credit.

How long debt management program stay on your credit report, after you completed the program?
or does it leave your credit report once you completed it? what's are the main differences between a debt managment program and bankrupstcy 13?

Care One Credit for Debt Management program?
Has anyone used care one credit counseling for a debt management program? If so can you tell me about how it worked for you or just in general what it did or didn't do anything really??

Will American Express Sue me over $1300 if I've Entered Into a Debt Management Program?
For various reasons, I fell behind on my debts. I decided a debt management program was the best option for me and enrolled in one. Now I'm getting calls from some guy at a law office I don't think he's actually a lawyer saying they don't work with debt management companies and that he'll " start the paperwork to sue me and WILL garnish my wages" if I don't make payments through him instead. I called my debt management company and they said American Express accepts proposals through them all the time, and the guy is just using scare tactics. At one point he even said to me " So, your saying you aren't willing to pay this debt?" and I said " That's not what i'm saying at all" . Will they actually sue me over $1300 when i'm making a clear effort to pay the money owed through my debt management program? And if so, would a judge actually garnish my wages if I could prove I was trying to pay the debt through the program?I would REALLY appreciate any help anyone can give.Just to clairfy, this is a debt management program, NOT a debt settlement or negotiation company. This company works with me to figure out how much I can afford to pay each creditor twice a month and pays them in the end I pay the entire balance I owe.I'm in Canada and I'm using Debt Managers, they're one of the largest credit counselling agencies in Canada.

Debt management program?
If i already under debt management program,Can my company still apply corporate card for me?