What is a debt resolution plan?

A debt resolution plan is a self-administered repayment plan that will help you regain control of your financial situation. Acredex will submit proposals (in either written or electronic format, depending on individual creditor requirements) of a proposed repayment to each of your creditors on your behalf. You will then submit the proposed payment amount (preferably in electronic format through ACH or auto pay) to your creditors until the completion of your plan.

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General Questions

My ex-boyfriend and I share credit card debt, who is responsible for paying it?
What is a debt resolution plan?
What is an action plan?
How much credit card debt is too much?
How can I get a copy of my credit report?
How can I establish credit?
What is a credit score?
I'm making my monthly credit card payments and not using my card anymore, why isn't my debt getting any smaller?
What is the Fair Debt Collection Practices Act (FDCPA)?
What is debt settlement?
What is the difference between secured and unsecured debt?
What is bankruptcy?
What is a debt management plan?
What is debt consolidation?