What can Debt Management do for me?

What can Debt Management do for me?: "If you're in financial distress, debt management companies, also known as credit counseling, will work with your creditors to restructure your unsecured debt.


A debt relief plan is designed to have you make one monthly payment to them and they will pay your creditors. Credit counseling do not loan you money however they negotiate with your current creditors to get you towards debt free living. "