You ought to be aware of credit counseling agencies and organizations that charge a high up - front or every month fee for signing up for credit counseling or a debt management plan, pressure you to make voluntary contributions or use another name for fees, send you free pamphlets contained with
information about the services they provide without requiring you to provide personal
financial information such as charge account numbers with balances, try to enroll you in a debt management plan without spending the time to review your
current financial situation, offer to sign you up for a debt management plan without trying to help you with budgeting and money management skills, or require that you make payments into a debt management plan before your
current creditors have accepted you into the program.
Most importantly, an Offering Memorandum includes in - depth
information about the company, its
current financial situation, any
current and future projects, and potential uses for the new capital to be generated by the offering.