You then payment to amount of the system every month to the company of management of the debt and she disburse bottoms to all creditors. Neither one nor the other of these programs are negotiations of the debt or you make same the establishments Payment the credit that advises to company? No. If it is a good plan of the benefit of the solid not so never they ask him to pay them. They receive contributions of the creditors. The reason that an creditor will pay these contributions is because the program of advising of the debt is helping the creditor to avoid a total losses, so its good business so that the creditors contribute to these types of plans. If he were not for them, you would probably go to screeching right to a lawyer of the bankruptcy and the creditor would secure to the closing lightning! How long he takes? That depends on how much you can allow yourself.
Since the program is based on its rent and present costs, that amount can change if its rent falls or the increases or you begin once to having less debt. The plan of management of the debt is flexible and it is possible to be structured according to his personal budget and accounts. Generally, you can be in a plan of management of the debt by 12-36 months and explode of the debt and begin fresh. The other great thing on the debt management is that it educates to him throughout the way so that you do not repeat east error again. What debts I can include? The debt that also advises knows whereas the credit that advises easily covers debts without guarantee. The things have taste of the credit cards, medical accounts, debts of the cellular telephone, lines of credit. Any thing that is without guarantee. The assured debt has taste of a car, the house or the boat cannot be including because they must be paid according to his fairness and if you stretched the payments towards outside paying less, later the fairness would lose eventualtodo its value.