DMP is a better option to handle unsecured debt because CCC is an advocate of paying back money that you have borrowed if you’re financially able to. The DMP status only remains as a note on your credit report for the duration of your plan and does not negatively impact your score. 

After successful completion of the DMP, you’re more likely to qualify for a mortgage or rent a home and qualify for auto or other types of loans. Most employers run background checks and upon viewing your credit report, they will see that you are a responsible consumer and potentially responsible employee.

Truths about Bankruptcy….
Bankruptcy costs money – filing fees, attorney fees, pre and post-counseling fees and has strict requirements to qualify. Bankruptcy remains on your credit report for up to 10 years and negatively impacts your credit for years. It should be your last resort.