What Accounts Can I Place in the
Program?, Debt Consolidation Loans, Debt Consolidation Services Loan |
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Only unsecured debts, such as, credit card accounts, medical bills, service charges, personal loans, signature loans, and certain installment loans can be placed in the Debt Management Program. Utility bills, insurance payments, membership dues and other ongoing services cannot be placed in the program, unless the service is no long required from the creditor and there remains an outstanding balance of over $100. Secured loans, such as, mortgages, auto loans, leases and student loans; and money obligations, such as, rent, taxes, child support, alimony and fines cannot be placed in the program. Money owed to friends and family can be placed in the program, however, in most cases, they are omitted in anticipation that the friend or relative will offer leniency. |
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