financial debt counseling

Financial debt counseling is a professional service that helps individuals manage and reduce their debt. A counselor reviews your financial situation, including income, expenses, and debts, then works with you to develop a practical plan to repay what you owe. This may involve budgeting guidance, negotiating with creditors for better repayment terms, or exploring options like debt consolidation or settlement. The goal is to improve your financial stability, reduce stress, and create a manageable plan to regain control over your finances. It’s a supportive resource designed to help you navigate debt challenges responsibly.