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Would you like to get a little information on some of the debt consolidation service options available to you. Below, we’ve put together a brief resource guide to help.
Bankruptcy | Credit Repair | Debt Consolidation Loans
Bankruptcy
A legal method of eliminating debt and providing a means for debt-oppressed people to obtain a "fresh start." In many cases, bankruptcy means the elimination of the debt that you owe to your creditors. They are two primary forms of bankruptcy, Chapter 7 and Chapter 13.
Credit Repair
Bad credit is usually caused by late payments to creditors, and a bad credit history can last up to 10 years on credit reports. If you want to improve your credit, you may contract with a credit repair firm, or you can start by making a fresh start with one of our debt counseling professionals.
Debt Consolidation Loans
If you own your own home, another option is to take out a second mortgage, or debt consolidation loan. While a debt consolidation loan can help you consolidate your debt into one payment, if you are already behind in payments, you may not qualify.
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