Debt planning and reduction

Debt reduction services can provide much-needed relief for companies, individuals and families trying to figure out how to pay off debts. Whether you are dealing with large amounts of credit card debt, personal loans or money owed to collection agencies, living with debt can be stressful. Many people feel they'll never be able to pay down what they owe – many fear they may go bankrupt. Debt reduction services can help by consolidating loans, helping to create budgets and securing a possible reduction in interest rates and payoff times.

Debt reduction services involve several steps. When you come to us for help with debt reduction, we will:

Get an overview of your finances, including the debt you owe, your monthly expenses and your sources of income.
Make a debt reduction plan. This involves creating a budget that allows you to pay off your debt, usually within five years but is also realistic to live with.
Work with creditors for a possible reduction in your interest rates and the time it takes to pay off your loan and to possibly eliminate late fees and over-the-limit charges.