A Debt Management Program (DMP), is a consolidation of unsecured debts into one monthly payment. It is not a loan.
DMP's are voluntary repayment programs set up by BCCSL regarding unsecured debt.
At BCCSL we will negotiate a repayment plan based on your family needs, and the requirements of your creditors.
You agree not to incur further debt while on this program.
Repayment is made once a month to BCCSL who will then disburse funds to creditors.
Many people have avoided bankruptcy and are repaying their debts.
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