No, they are not the same thing at all. In a consumer credit counseling plan, you pay back all of your debt over time, plus interest (although usually at a reduced interest rate). With debt [...]
I have more credit card debt than I can handle but I don’t want to declare bankruptcy. Are there any other options?
Yes! While bankruptcy is a legitimate means of obtaining debt relief in certain situations, it is one that many people prefer to avoid if at all possible. Even if your circumstances are such that [...]
In a nutshell, there are five basic ways to achieve debt relief, each of which is described briefly below. Which option is best for you will depend on your specific situation. Although they share [...]