Credit and debt management can be your first step in avoiding problems with debt in general. If you have mismanaged your debt, you will be needing debt counseling, which could lead to the need for debt consolidation loans or debt settlement services.
Credit and debt management is one method of dealing with your credit issues. This is by managing your debt rather than trying to fix it on your own. If you are having troubles with being in debt, it will be better to hire someone to give you some assistance. You already tried to help but that didn't work out too well for you. It may be time to get some real help. There are plenty of debt management services that can give you the assistance that you need.
The first stage of getting your credit in order is to manage your debt. You might want to consider a debt management service to take a look at your finances. A debt counselor can analyze your finances and then tell you where you stand.
Your next line of defense is debt settlement. It is sometimes called debt negotiation, because that’s what it actually is. Debt settlement is when you negotiate with your creditors for better terms on your existing debts. There are plenty of companies that are willing to negotiate with your creditors on your behalf.
It takes a certain type of person to be able to do their own debt settlement. It will require you to contact each of your creditors and request them to lower your interest rate. Or in some way, make it easier for you to pay your monthly bills. You need to tell them that you can no longer keep up with your payment. And that you are considering bankruptcy as an alternative.
Fortunately, there are plenty of debt negotiation firms that can do this for you. You don’t have to worry about those harassing collectors that call you each day. These professionals will be the contact point between you and your creditors.
Finally, if none of the above methods work, there is always bankruptcy. This should only be used as a last resort. A bankruptcy will stay on your financial record for about 10 years. You should try debt management first before filing a bankruptcy. Debt counseling is also a good choice to get rid of your financial obstacles. Once you get some debt advice, it should become fairly clear as to the next road that you should take in your journey to become debt free.

Author's Bio: 

Debt Free Solutions is a debt consulting company located in Long Beach, CA. We have been in business for 10 years. We assist Americans across the U.S. to eliminate excessive credit card and other unsecured debt.

We utilize various programs and strategies to aid them in dissolving their debt in the quickest, safest, and most efficient method possible. We also analyze the risk factor. We structure our programs to drastically minimize the risk that is inevitable with all debt elimination programs.

We offer our clients much more than a debt settlement company does. The vast majority of debt negotiation companies simply settle your debts on your behalf with your creditors- nothing more.

On the other hand, we provide free services to significantly help to minimize the risks that are involved in negotiating with your creditors.

First, we offer a free, no-risk 10 day trial service. During our free trial, we negotiate with your creditors on your behalf to lower your interest rates. Also, we research to see if you have any old debts that you are not legally liable to repay. If, for any reason, you are not completely satisfied, you simply walk away. No commitments. No contracts.

Next, we provide a comprehensive credit repair service to all our clients. This is a $795 service that is absolutely free!

Also, we offer free attorney consultation (a maximum of five sessions) in case one or more of your creditors makes any threats.

Last, we provide a written guarantee that our clients’ creditors will settle for an average of 50% or more for all of the debts they attempt to negotiate.

Our services are competitively priced- and include the above free services!