credit counseling

Credit Counseling is a process of educating consumers about how to use credit appropriately to avoid incurring debts that cannot be repaid. Many credit counselling services will also negotiate with creditors to help their clients set up payment plans or reduce their total balances due.Credit Counseling is a requirement that must be met by consumer debtors filing for Bankruptcy in the United States as established by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. In order to meet this requirement, during the 180-day period preceding the filing of bankruptcy, the debtor must complete a program with an approved nonprofit budget and credit counseling agency. Such a program may include, but is not limited to, one conducted by phone or over the internet.

External links -

thomas.loc.gov - Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, Section 106Category:United States bankruptcy lawCategory:2005 in law

American Credit Counseling Service, Inc.
Non-profit community service organization dedicated to providing financial education, budgeting and debt management programs to consumers.
http://www.accs.org/

Consolidate Credit Card Debt
Articles and information debt consolidation, home equity loans, money management, credit counseling...
http://www.consolidate-credit-card.net

Repair Your Bad Credit
An excellent resource for credit repair information.
http://www.goodcreditahead.com/

The UK Insolvency Helpline
Free Non Profit UK national debt advice organisation funded by the credit industry. Freephone 0800 074 6918
http://www.insolvencyhelpline.co.uk

DMCC 501c(3) Not-for-profit Debt Management
We are a non profit debt consolidation and credit counseling organization committed to educating consumers on financial issues and providing personal assistance to consumers who have become overextended with debt.
http://www.dmcccorp.org/

Avoid Bankruptcy, Reach a Debt Settlement
U.S. Financial Management is one of the leading debt negotiation companies in the United States. Check out actual sample settlements on our website for proof.
http://www.usfmgroup.com/

The National Foundation for Consumer Credit
Non-profit agency offering consumer education.
http://www.nfcc.org/

American Consumer Credit Counseling
Helping people learn budgeting skills.
http://www.consumercredit.com/

Visual Credit Counseling
Non-profit organization offers consumer credit counseling.
http://www.visual-credit-counseling.org/

Association of Independent Consumer Credit Counseling Agencies
Directory of non-profit counseling organizations meeting membership standards.
http://www.aiccca.org/