DEBT POOLING
debt pooling.An arrangement by which a person’s debts are consolidated and creditors agree to accept lower monthly payments or to take less money. — Also termed debt consolidation; debt adjustment. [Blacks Law 8th]
debt pooling.An arrangement by which a person’s debts are consolidated and creditors agree to accept lower monthly payments or to take less money. — Also termed debt consolidation; debt adjustment. [Blacks Law 8th]