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  2. Am I a Good Candidate for a Debt Management Plan? - AOL

    www.aol.com/lifestyle/am-good-candidate-debt...

    If keeping up with debt payments feels like you’re swimming against the current, a debt management plan (DMP) may offer a structured path to a debt-free life. DMPs work by simplifying unsecured ...

  3. Common debt payment roadblocks and how to tackle them - AOL

    www.aol.com/finance/common-debt-payment...

    Let’s say you take on $5,000 in credit card debt with an 18 percent APR and a minimum payment of 1% of the balance plus interest – a starting payment of $125.

  4. How to stick to your debt repayment plan - AOL

    www.aol.com/finance/stick-debt-repayment-plan...

    1. Build a long-term plan. Once you have a debt repayment plan and have taken the first step toward paying off your debts for good, you’ll have a roadmap. You’ll know how much you’ll pay ...

  5. 3 Ways to Make Your Credit Card Debt Uncollectable

    www.aol.com/3-ways-credit-card-debt-130020306.html

    Chapter 13: This gives you a debt payment plan you have to stick to for three to five years, and in exchange you get to keep all of your assets. Bankruptcy stays on your credit report for seven to ...

  6. Debt settlement - Wikipedia

    en.wikipedia.org/wiki/Debt_settlement

    A portion of each payment is taken as fees for the debt settlement company, and the rest is put into the trust account. The consumer is told not to pay anything to the creditors. The debt settlement company's fees are usually specified in the enrollment contract, and may range from 10% to 75% of the total amount of debt to be settled. [13]

  7. A comprehensive guide to debt relief programs - AOL

    www.aol.com/finance/debt-relief-guide-know...

    Depending on the plan, you can pay down debt more quickly. Cons of debt forgiveness programs. ... Chapter 13 (court-mandated payment plan to pay creditors) Pros of bankruptcy.

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