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How long will the debt management plan last?

Asked by jordenandy - 9 months ago

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Highest Rated Answer

Answered by Milander
9 months ago
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For as long as you have arranged the plan or until your debt is paid off via the management plan.

Other Answers

Answered by empowered
9 months ago
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Usually until you complete your agreement. I would stay away from debt management plans because they are ripoffs in my opinion, you should negotiate directly with your creditors.

Check out Dave Ramsey, he really knows how to get out of debt.

Answered by larginejohnson
8 months 3 weeks ago
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The length of time that the Debt Management Plan will stay in force will largely depend on how much you can afford to pay on a monthly basis. Your Debt Management Advisor will let you know how long the planis likely to last and this will depend on your creditors agreeing to freeze the interest or charges being applied to your account. Also you should be aware that if your circumstances change (eg. Change of job/ income) then your plan might be affected.
http://www.debtadvisoryl ... -management

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