Data Data were collected for 129,556 counseling sessions from January 1996 through July 1998. Eleven NFCC member agencies participated. The agency participants were selected to achieve broad geographical dispersion and variance in office size, volume of counseling sessions. The client's budget workout shows that there is enough income to cover necessities but not enough to liquidate the debt in a reasonable period. Creditor concessions make the debt liquidation possible.
Income is too limited.
Necessities cannot be covered. Generally, the consumer has waited too long to get help. Income must be increased or expenditures reduced for a Debt Management Plan to work without negative amortization. Further client action is required for a DMP to be effective. Creditor concessions are not needed.