Debt Assistance Resources

If you’ve tried everything and can’t seem to break free of your debt, it may be time to explore debt assistance through credit counseling or other means. Read on to find some external resources to get you the help you need.

What you need to know...

  • Make sure to read our articles on paying off credit card debt and debt prioritization before considering other options.
  • Get a credit counselor as the first step. Don't jump into bed with a debt settlement company right away.
  • Do your homework. There are a lot of scams out there. Know exactly what you will get, and what you will pay for it.

If you are considering credit counseling, debt settlement, or bankruptcy, please take a look at our articles on paying off credit card debt and debt prioritization for information that can help. If you have read those articles and it still seems like a good option to take more extreme measures, below are a set of resources that can point you in the right direction.

General debt resources

These resources are good to help you understand more about how to deal with mounting debt.

Credit counseling resources

Credit counseling can help you in multiple areas, including creating a debt management planA plan that a credit counselor works out with everyone you owe money to, that can be paid with a single payment every month. Typically at a reduced interest rate., and counseling for bankruptcy. Prices for credit counseling vary, so be sure to understand what you will pay before agreeing to anything. The resources below will help you get in touch with a credit counselor that has your best interests in mind.

Debt settlement

Be sure to try credit counseling before hiring a debt settlement company to help you out. In many cases filing for Chapter 7 bankruptcy is a better solution when compared to debt settlement. Both will significantly impact your credit, but you get to start over immediately with bankruptcy, which is not the case with debt settlement. This is something a credit counselor can help you with. Going directly to a debt settlement company is almost always the wrong approach.

If you have been told that debt settlement is the right option for you, below are some debt settlement companies that can help.

Final thoughts

Debt that doesn’t go away can seem like a bad dream that never ends. Know that there are ways to get through it, and you don’t have to fight this battle alone. Hopefully the resources above give you enough guidance to get the help you need, and put you on a path to freedom from your debts.

A better way forward

After enduring a personal financial crisis such as bankruptcy, debt settlement, or even credit counseling, it can be a huge relief to have someone helping you on the path to recovery. Previsio can provide the support you need by creating a lifestyle plan that balances your wants and needs both now and in the future. By understanding the whole picture, we can work together and get you back on track!

Sound interesting?

Join us!

Previsio, Inc. is a technology company. Analyses, tools, articles, and any other information or data presented on this website is for informational and educational use, and should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs.

Previsio does not make any guarantee or other promise as to any results that may be obtained from using our content. No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence. To the maximum extent permitted by law, Previsio disclaims any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations prove to be inaccurate, incomplete or unreliable, or result in any investment or other losses.

Content contained on or made available through Previsio website is not intended to and does not constitute legal advice or investment advice and no attorney-client relationship is formed. Your use of the information on the website or materials linked from the Web is at your own risk.

Copyright © 2020 Previsio, Inc. All Rights Reserved