We’ve answered some your questions about Debt Management and assets below.
Does it make a difference if I am a homeowner or tenant?
No. It makes no difference whether you are a tenant or homeowner or even if you are still living with your parents.
If I enter into a Debt Management Plan, will I putting my home at risk?
No. One of the benefits of a DMP is that unlike a secured debt consolidation loan, a Debt Management Plan does not put your home at risk. And, unlike an IVA, no contribution from home equity is required.
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