By consolidating
with a debt consolidation firm rather than a credit counseling agency, you typically turn unsecured debt — like credit card debt — into a secured debt — one backed by property like your home or car.
Not exact matches
Reputable
debt consolidation firms are staffed
with trained professionals who will provide you
with individualized attention, and who will help you to develop a plan for your financial situation.
Non profit
debt consolidation firms will usually send you written information on the ideas discussed
with you and other services they can give.
Some
firms will, for a fee, work
with your creditors to devise a
debt consolidation plan.
With the help of a knowledgeable
debt counseling
firm you can put together a
consolidation plan on your own.
Firms who perform this type of work may identify themselves as
debt management,
debt reduction,
debt relief,
debt workout,
debt settlement or a host of other names inferring they help
with debt even sometimes including
debt consolidation.
Before you take drastic measures, such as draining retirement savings accounts, liquidating assets, or using a «
debt stopper» or
consolidation agency, discuss your options
with an experienced attorney at our
firm.