If you are with a plan of debt management or consumer credit counseling is seen as a Chap.13 on your credit?
Not necessarily. They are the same showing that is having significant financial difficulities. Are the same as the idea is to get out of debt – not lower payment so you can get more. For payment plans, each can be different. Chapter 13 of May or not pay all debts – unsecured especialy. Creditors have no choice. In the management credit – there are good plans and bad plans. Some credit mess, and sometimes more than 13 Cap. Good will help you get out of debt and help you manage your money without ruining your way too much credit. Does not happen often but as I to see the plans that will really help to pay for things instead of trying to force settlements by the throat of creditors. Sometimes a lot of decipline and making payments is best. It really depends on your financial problems and why you are having problems. Some people have over their heads, while some people simply do not have the discipline to write and send checks to maturity. Most creditors are more receptive to the provisions of the debtor that no third party interference.
Credit Counseling & Debt Management : How to Set up a Household Budget
