Debt management companies sit behind a debt management plan. They will help you structure and initiate a DMP.
An online DMP (Debt Management Plan) is an effective way to manage your debts. DMPs enable you to make one online monthly payment which is distributed to your creditors.
If you are someone who has ended up in unmanageable debt, debt management companies can help you take control of your debt without getting into more stringent or expensive measures.