How it Works: Debt Counseling

Debt counseling is a helpful option for you when you suffer from debt. Credit cards, loans, mortgages, and other financial products certainly make it possible to be in a financial squeeze. When times become a little harder or you want to solve the situation it can be a good idea to seek credit counseling. With proper consultation you can get ahead of your financial problems and make certain to get them solved before they get out of control. Likewise with the right debt consultation you can keep yourself from getting into a situation where you might have to fear bankruptcy or other solutions.

Debt counseling is fairly simple in terms of how it will work. You will fill out paperwork that the counseling company provides you. It will ask you to put in all of your expenses and income including any savings accounts, IRAs, and incidental charges. You will also have to estimate your groceries and other charges for debt counseling. The idea is to get a clear picture of what you might spend in a month and in a year to see where you might be able to save. Debt consultation will definitely look first at where you can save without changing the debts you have.

After Debt Counseling

After you have received the initial debt consultation it will be time to figure out where you can change other things other than how you spend your money. Obviously if you spend a lot eating out and on groceries you can eliminate some of these expenditures, which is one of the things debt help will look for. The next stage is to determine if there is a possibility of debt consolidation with credit cards and loans. While debt consultation doesn’t mean you have to go with one of these management plans it is a possibility it will be suggested.

Debt Management

Debt counseling is the beginning of debt management where a plan will be created to determine what you may or may not need to do with regards to your debt situation. Basically, you might find that debt counseling is enough or you might need a plan that is more proactive as a solution. The debt counselor that works with you can go over your different options such as debt management versus debt settlement or consolidation. Consultation is just the beginning and can be used as a means to test your current situation for any possible changes.

Debt counseling is a solution that you seek when you have troubles or want to change your financial stability. It can also be used to double check that you are on track. It is important for you to find the right credit counseling company to ensure that you will not have the wrong expert helping you. There are some government run facilities that offer free no obligation help. These facilities are quite helpful in debt help, but they will have fewer options to help you out overall.

You Want to Trust - the Debt Counseling Company ?

With debt counseling you want to trust the company so it pays to read reviews that other individuals have offered including experts. Testimonials are okay to begin with, but you definitely want to have an expert that can look at the credit counseling facilities based on their financial knowledge and business input. This site is for that express purpose. From the information below and throughout the site you can determine the best debt counselors. The following information will examine debt consultation locations for the top four companies; however, these are not the only companies out there but just the top four choices found by the expert.

# 1 Rated Debt Counseling Company In 2015

National Debt Relief CounselingNational Debt Relief is the primary choice in debt counseling companies. This choice is made on several factors like the reviews from customers that have been read to the duration the company has helped out consumers in the US. The company was founded in 2006 as a debt relief and settlement company. You will be able to share information with the company and feel that you are gaining the help you need. Services are offered online and in one of their many locations for credit consultation. They have helped hundreds of clients already. In a survey it was found that 98% of those surveyed were happy with the debt solutions they received.

National Debt Relief conducted their own surveys to see if clients were happy with debt counseling and services they offered. It was found that 93% of the clients found services that exceeded their expectations meaning that they were quite happy with the services and products, so much so that they did not expect the level of help received. Debt consultation staff members were also considered to be the best by customers.

Click Here to Get a Free Consultation from National Debt Relief

Recommended ZipDebt Company

ZipDebt CounselingZipDebt is the second company reviewed on this site. The company provides you with coaching in how to end your debts without paying too much to a professional expert for the debt settlement.

Debt relief through debt settlement is an honest and ethical choice to stay out of bankruptcy under Chapter 13. Chapter 13 can require you to pay off debts for 3 to 5 years. A court supervised plan is often drawn up in which you have to pay monthly payments. The fees can be $3,000, $5,000, or up to $10,000. Typically, this is calculated by 15 percent of what you owe. This is money that you could use to get out of debt by paying the companies directly without the court involvement. The coaches at Zip Debt are professionals offering debt settlement advice.

Telephone consultation is part of the ZipDebt debt relief programs too. You will need to schedule a one on one conversation with a trained professional in debt settlement.This debt settlement solution offers private counseling, document review, and professional help. You will save by owing as little as 20 percent of the original indebtedness through the debt settlement company Zip Debt.

Click Here to Get a Free Consultation from ZipDebt

Recommended CuraDebt Company

CuraDebt CounselingCuraDebt is a debt relief company offering debt counseling. The company is on hand to offer you possible solutions or suggestions in how you can handle your spending better. It is important to note that this company is third on our list for debt help, but it is no less of an option meaning that the first companies may have a few other benefits to rank them higher.

CuraDebt has debt counseling facilities in almost all states of the USA. You can find an office near you or use the electronic forms of communication. Additionally, you are going to find the company is reliable in terms of their experts and financial offerings for debt help. As the third choice in seeking counseling solutions it is one of the best. With their consultation you can ease your worries.

Debt consultation is a way for you to relieve your mind when it comes to debts. There will be times when your debt seems to be getting larger with no end in sight. Being in a tough situation because of a lost job or lower income is no fun, but with the right consultation from one of the top four companies you can ease your plight a little bit. When you seek debt counseling from one of the four companies mentioned here you know that the BBB stands behind them in terms of good standing with the chamber of commerce and clients.

Click Here to Get a Free Consultation from CuraDebt

Recommended Oak View Law Group

Oak View Law GroupOak View Law Group is a debt help firm that also offers you debt settlement and consolidation options. There are also ways to contact the company by phone if you prefer to talk with a person over swapping electronic information. Company provides you no obligation so that you can talk with an expert without spending any money.

Debt counseling is meant to be a free option from any company or government run facilities. If you elect to try one of the solutions like debt consolidation or negotiation fees will be applied for that work. At this point it is a sound option to pay for the debt help though you will not pay for the debt counseling you receive. It is just a payment for any negotiation that goes on. As the fourth company in the list and as the good choice, Oak View Law Group is being recommended for debt counseling and other debt solutions.

Click Here to Get a Free Consultation from Oak View Law Group