An informal agreement formed by RMS between you and your creditors to manage your debts. A <a href="http://www.debtsmanagementuk.co.uk/">debt management services</a> is a repayment plan that helps make unsecured debt repayment affordable. A third party works on your behalf to negotiates with creditors to reduce your monthly payments to a more manageable level. One gets into debt for a couple of reasons. Credit card debt, store card debt, any personal loans or even the unfortunate occurrence of a family death can get people into problem. Separation or divorce, or unforeseen events such as job loss, disability or illness preventing work are just some of the other situations that could cause people to get into debt management difficulty.