This means that, by and enormous, debt settlement might help you get out of debt without having to repay all the cash you borrowed, whereas debt management plans can solely assist you to reduce curiosity and fees. First, an NFCC certified monetary counselor helps arrange a voluntary settlement between you and your creditors. People who sign up for a DMP, make one lump payment each month to the nonprofit company who then sends those funds directly to your creditors.Or visit our AskDFAS pageWe…See More