Sentences with phrase «receive in a debt management plan»

It is important to note that a consumer proposal results in the same credit report rating that you would receive in a debt management plan.

Not exact matches

Filed through a Licensed Insolvency Trustee as an approved government debt relief program, you receive the same protections available through bankruptcy, however because you spread your payments over a period of up to 5 years, your monthly payments are lower than they might be in a bankruptcy, debt consolidation loan or debt management plan.

Companies that charge a fee argue that you receive a much better service from them than you would get in a non-fee charging Debt Management Plan, which are usually, according to them, administered by «over-stretched» debt charitDebt Management Plan, which are usually, according to them, administered by «over-stretched» debt charitdebt charities.

A creditor that accepts a payment on behalf of a consumer by a debt management organization, pursuant to the terms of a debt management plan, shall make payment to the debt management organization in an amount equal to fifteen percentum of the payment received by the creditor.