DailyOjo Debt Management Articles Feedhttp://dailyojo.com/tags/debt-management.xmlen-us/articles/what-is-debt-management.htmlSun, 08 Feb 2009 05:56:59 -0500Debt ManagementDebt management simply means the art of bargaining with the unsecured creditors. This bargaining is done with a view to reduce the monthly repayments. No new credit is taken but adjustments are made in the previous credit. The fact that new credit is not taken saves the debt management companies from much of the effects of the present crisis.