Credit counseling for bankruptcy is required by those who intend to take filing of bankruptcy as a way forward for their financial problems. All people who plan to file for bankruptcy protection are required to get a credit counseling session from an approved organization within 180 days of filing.
If you are deep in debt and are unable to find ways and means of getting out of it, you would typically seek the help of a debt counseling service (also known as credit counseling services). Debt counseling services educate consumers on managing debt and help them get out of debt.
The journey on debt-ridden path is never easy. However, if you put on your thinking caps and make the right moves, you may steer yourself to a path of recovery. Here is an insight into two of debt management’s most powerful strategies - credit counseling and debt consolidation.
There are hundreds of non-profit debt counseling agencies that offer their services to debtors free of charge. Free debt counseling agency will assess your overall debt situation - whether you qualify for a debt management program or not and how they can help you.
Christian debt counseling agencies offer the same services as all of the other credit counseling services, but their services are based on the Christian values of honesty, commitment, prayer and faith. There will be no manipulation in debt management plan that may go against anybody’s interests.
There are many agencies claiming to offer consumer debt counseling services. But it is not wise to believe them straightaway. So, before you choose an agency for consumer debt counseling, you must ask the following four questions and satisfy yourselves with the reply.
Benefits of approaching a debt counseling agency for debt counseling help. Most debtors have to seek the financial advice of debt counseling agencies to get clear their dues and get their finances in order.