debt management

Debt Management
Any strategy that helps a debtor to repay or otherwise handle their debt better. Debt management may i
nvolveworking with creditors to restructure debt or helping the debtor manage payments more effectively
. A debtor mayappeal to a debt management company if he/she does not know how to manage the debt h
imself/herself or if there isso much debt that outside management becomes necessary.
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debt management
The regulation of the size and handling of the structure of the public debt. Actions taken to manage the de
bt havesignificant effects on the financial markets because government securities compete with private se
curities for limitedfunds in the capital market.