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!

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