Debt management definition

Debt management means the planning and management of the financial affairs of a debtor and the receipt of money from the debtor for distribution to 1 or more of the debtor's creditors in payment or partial payment of the debtor's obligations.
Debt management means that term as defined in section 2 of the debt management act, 1975 PA 148, MCL 451.412.
Debt management means, when done for a fee, any of the following:

Examples of Debt management in a sentence

  • Debt management services agreement" means the written contract between the debt management services provider and the debtor.

  • Debt management services plan" means the debtor's individualized package of debt management services set forth in the debt management services agreement.


More Definitions of Debt management

Debt management means any transaction related to the Finnish government debt.
Debt management means the planning and management
Debt management means the planning and management of the financial affairs of a debtor and the receiving therefrom of money or evidences thereof for the purpose of distributing the same to the debtor's creditors in payment or partial payment of the debtor's obligations for a fee.
Debt management means the policy and operational functions relating to raising loans, issuing of guarantees, discharging of obligations and issues emanating thereof;
Debt management means the planning and management of the financial affairs of a debtor and the receiving therefrom of money or evidences thereof for the purpose of distrib- uting the same to the debtor’s creditors in payment or partial payment of the debtor’s obliga- tions for a fee, when done for a fee, any of the following:
Debt management means the planning and management of the financial affairs of a debtor and the receiving of money or evidences of money from the debtor for distribution to the debtor’s creditors and debt prorating organizations in payment or partial payment of the debtor’s obligations.
Debt management means the policy, planning and operational functions relating to debt financing, issuing of guarantees, discharging of obligations and related matters;