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Glossary
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Informal Arrangement
An informal arrangement is a deal that an individual makes with their creditors to make a schedule of payments to repay what they owe. This is very like a debt management plan but will not involve a third party -- here, the individual talks directly to their creditors to come to an informal agreement.
Next Word : IVA/Individual Voluntary Arrangement
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