STAFFORD, Texas, June 26, 2025 (GLOBE NEWSWIRE) — With more Americans overwhelmed by debt and falling behind on payments, Money Management International (MMI) is stepping up with a new solution. The national nonprofit today announced the launch of its Debt Resolution Plan (DRP), a structured option designed for clients who need help but who owe creditors that do not participate in a traditional Debt Management Plan (DMP).
The announcement comes as FDIC filings show consistent growth in charge-offs across lenders and loan products following an extended period of rising debt balances, delinquencies and interest rates.
While most MMI clients will still benefit from its proven DMP approach, the DRP expands the organization’s reach to serve a growing population of people in financial crisis, especially those whose debts have already been charged off or sent to collections.
“We’ve seen an unprecedented surge in people reaching out for help, but not everyone can benefit from traditional debt management plans,” said Jim Triggs, President and CEO at MMI. “With the DRP, we can offer a new path forward for those who feel stuck or out of options, still grounded …