One of the significant advantages of a debt management plan over other personal debt solutions such as individual voluntary arrangement or bankruptcy is that home owners are not required to release equity from their property.

Creditors will not agree to write off debt if a debt management plan is proposed to them. They therefore expect to receive 100% of the money that they are owed returned to them.

For this reason they do not have the right to demand that equity is released from a property to repay the debt any faster.
 

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