debt counseling
Money trouble advice
Debt counseling is professional guidance for people struggling with debt, typically involving budget analysis, negotiation with creditors, and strategies for repayment.
Debt counselors may work for nonprofit agencies or for-profit companies: After missing several payments, she sought debt counseling.
The service aims to help people avoid bankruptcy while regaining financial stability.
- financialRelating to money
- advisorOne who gives guidance
- budgetPlan for spending
- credit cardBorrowed-funds payment tool
- repaymentGiving back what's owed
consolidation · payment plan · minimum payment · creditors · stress · financial stress · relief · negotiation · payment · plan · overwhelmed · collector · interest · interest rates · struggling · agency · settlement · freedom
- debt reliefloan forgiveness, bankruptcy protection, fresh start, student loan forgiveness, mortgage relief
- social welfaresocial welfare, welfare state, welfare checks, social insurance, welfare benefits
- counselingpsychotherapy, family therapy, group therapy, couples therapy, individual therapy
- social benefitssocial assistance, disability benefits, unemployment insurance, income support, retirement benefits
debt counselingbankruptcy filing
Formal insolvency proceeding
foreclosure · debt collection · wage garnishment · legal judgment
debt counselingreckless spending
Careless use of funds
compulsive shopping · living beyond one's means · overspending
debt, debts, debtor, debtors, indebted, indebtedness, counsel, counseling, counselor