Debt advice
Debt advice A debt advice can be acquired by consulting with a professional debt help agency, operating either on a charity basis or on a paid tenet. Debt guidance is typically needed by subjects in debt (individuals or corporations), when they have fallen behind with their regular payments and therefore- fallen in a debt situation as well. If a debtor cannot keep up with his debt payments, he will usually look for professional debt advice and assistance.
Free debt advice
Getting free debt advice A free debt advice (also known as debt counselling) is generally recognised as a substitute for consumer’s or corporate’s bankruptcy situations. It is a non-paid service provided by a debt collection agency or a debt advice company, with the purpose of helping a consumer in debt to cope with the difficulty of repaying a certain amount owed. A DCA (Debt Collection Agency) operating on the part of the original creditor can provide a debt advise to a consumer, as such situation is beneficial for both sides- the creditor and the debtor.