Debt Management
A Debt Management Plan (DMP) is a method used in various countries for paying personal unsecured debts (which typically are out of control in the sense that payments are late and those due are taking too large a portion of income, or even exceeding it) that involves noting all the debts, assessing income and budget, and re-negotiating interest rates and payments with the lenders, based upon evidence that the result will be a higher likelihood of collection by the lenders due to the debtors more realistic monthly repayment.
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Debt Management
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Ideas 4 development » An Ethical Framework for Debt Management?
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| Page d´accueil sur le site web de la Conférence des Nations Unies sur le commerce et le développement (CNUCED) |
UNCTAD.ORG >> Accueil >> UNCTAD´s Sixth Debt Management Conference
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