Debt Management Agreement

Am i legally obliged to stay with my debt management company??

im currently paying off my creditors through a debt management company. I give them a lump sum each month which is the distributed to my creditors. the debt management keep a percentage of this lump sum for themselves, however i was wondering,,,, As an agreement has now been reached with my creditors of X£££ each month could i just pay them this directly out my bank account?? This would then save me the Percentage that the debt management company keep forthemselves. But is this an option?????????

Many times the agreement will be with the debt management company and will revert back to the original amount due if not funneled through them. You need to make sure you get letters from all of your creditors stating what your new debt to them is before you bail on the debt management company that you needed to arrange all this.