There are many circumstances in which people end up with debts that are negatively affecting their lives. For each person and circumstance there is a strategy, that is why we strive to know your particular and important situation, your financial objectives, in order to offer you the optimal program that offers you to leave debts as quickly as possible with the lowest cost, both financial, as in lifestyle.

Description Pros Cons

Credit Counseling

A certified counselor reviews your financial situation, unifies your debts in a payment plan with low interest. Unique Payment
Reduce interest and rates
Eliminate collector’s calls
Lenders see you as risky
The principal is not reduced
Credit accounts are closed

Debt Consolidation

You get a new credit to pay your current debts. You can have lower interest and have fixed monthly payments. Sole Monthly Fixed Payment Flexible Terms
No impact on your credit
You need good credit
No major reduction
Can end up costing more

Debt Resolution

Working with a company, you make monthly deposits until your debts are negotiated for less than you owe. Maximum Savings on making minimum payments
Only Monthly Fixed Payment
More quick than making minimum payments
Collectors calls impact on your credit
Legal risk results vary


Legal process. Under the guardianship of the court, all your income and assets are examined. Once it is done, it will be debt free. Under Chapter 7 they could free you from your debts
No calls from bill collectors
Process is fast
Big and Lasting Impact on your credit
Lost all your credit cards
You can finish a repayment plan without debt relief (most likely)

On your Own

You can continue to handle this on your own. You can use online budget tools. You can optimize your payments Flexibility and low cost
Has no impact on your Credit (if you do not delay)
It requires a lot of budget discipline. The interests do not go down. There is no reduction of the principal