Sentences with phrase «counselor dealing with creditors»

As the counselors deal with your creditors on your behalf make sure you know how they communicate with you and your creditors, especially on any action that has direct or indirect impact with your debt and credit rating.

Not exact matches

During the debt management plan your credit counselor helps you in dealing with your creditors to reduce monthly payments.
If you are in such a financial situation consider getting help from a credit counselor, or having a debt management company deal with your creditors.
A debt management plan prepared by a credit counselor is an informal, non-binding deal with the creditors, so the creditors could ask for more money at a later date.
If that doesn't work, consider talking to a debt counselor, who understand the Fair Debt Collection Act and are qualified to work out deals with creditors that consumers may not be able to.
Instead of hiring a bankruptcy attorney to file bankruptcy for you, or instead of hiring a debt management company or credit counselor to negotiate with your creditors on your behalf, you can make a deal with your creditors directly.
Finally, a credit counselor will actually negotiate with your creditors on your behalf through a Debt Management Program where you make one payment each month to deal with your debts.
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