Food for thought – In 2008, over three million people contacted credit counselors. About a third of those people were able to manage their own finances after the counseling. The rest of them were unsuccessful and fell into several different categories – too deep into debt for credit counseling to help, had problems that credit counseling could not fix or enrolled in more intensive debt management programs. Of those in the latter category, around half of all enrolled stopped attending their program.
Contact a Kansas City bankruptcy lawyer at The Sader Law Firm if you are considering credit counseling to ensure that you protect your property and regain your financial footing as effectively as possible.