Californiaconsolidatingdebts com

But, you should first consider other debt management options.Bankruptcy information stays on a credit report for 10 years.You can find free or low-cost credit counseling options at: The Servicemembers Civil Relief Act (SCRA) assists active-duty military with financial burdens.Under this act, you may qualify for a reduced interest rate on mortgages and credit card debts. It can also delay civil court including bankruptcy, foreclosure, or divorce proceedings.

If you have multiple credit card accounts or loans, debt consolidation can help simplify or lower your payments.

Credit counseling services provide resources to help solve your money problems.

Counselors discuss your entire financial situation and help you develop a personalized plan. And they can help you find educational programs on money management.

Within five days after a debt collector first contacts you, the collector must send you a written notice that tells you the name of the creditor, how much you owe, and what action to take if you believe you do not owe the money.

If you owe the money or part of it, contact the creditor to arrange for payment.