When you experience financial distress, these companies, also known as the management companies of debt (or redemption of debt), work with your creditors (banks, owners, taxes, urssaf .) to restructure your debt without (for tenant) or collateralized mortgage. For a plan to reduce debt, you make a monthly payment to them alone, and they pay your creditors. Organizations that offer consolidation loans do not lend money. Instead, they are in intensive negotiations with your current creditors to get you reduce your monthly payments. Plans for restructuring loans offer many advantages such as:

* Monthly payments lowered
* Interest rates reduced or eliminated
* Fees and late penalties eliminated
* Bank accounts are refloated with a possible cash