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Debt Management is a field of accounting that focuses on the management of debt. It involves the analysis of a company's debt structure, the assessment of its ability to repay debt, and the development of strategies to reduce debt and improve the company's financial position. Debt Management also involves the negotiation of debt restructuring and refinancing agreements with creditors.
Debt Management is an important part of financial planning and is often used to help companies reduce their debt burden and improve their financial position. It is also used to help companies manage their cash flow and liquidity.
Companies in the Debt Management market include debt collection agencies, debt restructuring firms, debt consolidation companies, and debt settlement companies. These companies provide services such as debt negotiation, debt consolidation, debt settlement, and debt restructuring. They also provide advice and assistance to companies in managing their debt. Show Less Read more