subject: Debt Relief Programs to Give You Financial Freedom [print this page] Another popular choice for many consumers is debt consolidation that combines all your debts into a single loan. You may still owe the same amount, but instead of several monthly bills you may have the convenience of only paying one bill a month. When it comes to debt settlement, you may have an impartial third party who will work with you and your creditors to try to come to an agreement .A debt management program is when a company develops a plan by prioritizing your debts by the balance, term, interest rate and other factors. You may then pay the management company monthly, and the company in turn begins to pay off your creditors in an orderly manner. The last resort for any consumer is bankruptcy, which is a process where the consumer officially declares that he or she is unable to pay their creditors. So, don't wait any longer. There is help out there; you just need to ask for it.
Debt Relief Programs to Give You Financial Freedom
