| Get free and low-cost help from a professional, caring counselor who will assist you in determining the best options to meet your individual needs.
Credit Counseling Program's Certified Consumer Credit Counselors advise you in managing your money, offer solutions to your current financial problems, develop a personalized plan to help you prevent future difficulties. In confidential sessions,
Credit Counseling Program's advisors will review your current situation and collaborate with you to determine the best possible financial strategies. They will help you develop your own Money Action Plan so that you can do more with what you have.
Take the first step to becoming debt free. Receive a practical, individualized plan to help you reduce stress and still pay off your
debt. If you have severe debt, you may be eligible to enroll in
Credit Counseling Program's Debt Management Plan (DMP). A DMP is a systematic way to pay down your outstanding debt through monthly deposits to the
Credit Counseling Program, which will then distribute these funds to your creditors. By participating in this program, you may benefit from reduced or waived finance charges and fewer collection calls. And when you have completed your payments, the
Credit Counseling Program will help you reestablish credit.
It takes approximately 36-60 months to repay debts through a DMP. Your accounts with creditors will always be credited with 100% of the amount you pay through the
Credit Counseling Program, and we'll work with all of your creditors, regardless of whether they contribute to the agency. Our DMP serves the dual role of helping you repay your debts while creditors receive the money owed to them. For those with considerable debt problems, entering into our Debt Management Plan is an effective first step on the road to a financially stable, debt-free life. Education programs can help you learn how to use credit wisely and gain control of your financial future. Is credit counseling considered to be bankruptcy?
Credit counseling is not bankruptcy. It is considered an effective alternative to bankruptcy.
Credit Counseling Program's are similar to Chapter 13 bankruptcy only by the fact that they are repayment plan. Credit counseling is a repayment plan that is mutually agreed upon by the creditors and the consumer. Excessive debt can often result in poor health due to stress and worry. Health should be the most important thing in your life. However most people find themselves in just this predicament. Getting involved in credit counseling can alleviate the stress and burden of debt quickly and help you find piece of mind as your debt dwindles and you get back on your feet. |
