Antitrust Law

Asbestos Law

Civil Rights Law

Communications Law

Contract Law

Dispute Resolution

Divorce Law

Education Law

Family Law

Health Law

Immigration Law

Incorporation

Internet Law

Intellectual Property

Landlord Tenant Law

Law Schools

Lawsuit Funding

Lemon Law

Medical Malpractice

Other Law Fields

Personal Injury

Prepaid Legal Services

Structured Settlement

Tax Law

Workers Comp

 

Free Legal Advice

Online Legal Forms

Legal Answers

Legal Definitions

Advertise on LDB


 

 

Credit Counseling

Navigation:  Home > Bankruptcy > Credit Counseling

 

Credit counselors can help consumers organize their debt and pay it off - this is called debt reorganization. Often, a credit counselor can negotiate reductions in interest rates or settlements with creditors. Credit counselors, in general, establish a debt repayment program, allowing for reduced payments over a period of time. Credit Counseling offers an alternative to bankruptcy. Credit Counseling is not a loan, however. Many credit counseling agencies will allow you to make only one payment a month, and the credit counseling company will apportion the payment among your creditors.

Sponsored Ads

Find a Lawyer

Sponsored Links

Your Ad Here