Is a debt management program, DMP the right choice for your financial situation? Many people are planning to file bankruptcy in the hopes of just getting their debt wiped clean. This has plenty of downfalls, of course, such as a 10-year black mark on your credit score, which will limit your access to new credit. You can overcome your debt through other means, such as a debt management program, or DMP. You may even have to use this option or others before you can actually file for bankruptcy. Depending on the situation itself, a debt management program may be the best way to go anyway.
Why Not Bankruptcy?