My debts were accumulated prior to my recent marriage. As long as you were the only signer on the debt and it is in your name alone, then you may enroll in the DMP individually. However, we recommend that you discuss it with your spouse and that both of you come in for counseling and let your counselor help you determine the best alternatives for solving your financial situation. With your authorization and for a small fee we can access your credit history and use this information during your counseling session to identify all your creditors and the status of your debts. Creditors for your unsecured debts will close your accounts.
Counseling is always free of charge.
Because we are here to help you we keep your cost at a minimum. The majority of credit grantors will offer some form of concessions for our clients who enroll in a Debt Management Plan. These include reduced or waived interest charges, waived late and overlimit fees, and bringing the account current. Your counselor will let you know what concessions each of your creditors will make. Generally it is wise to include all debts on our Debt Management Plan.