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Debt Consultation - Debt Counselling | Debt Help from Justmoney

Ensure good debt standing by undergoing Debt Consultation from financial expers. Justmoney provides debt counselling help for debt troubled individuals.

25 April 2012 · Staff Writer

Debt Consultation at Justmoney

Debt consultation is a word that is often confused with debt consolidation, but debt consultation might also refer to ‘debt management’ or even ‘debt counselling’.

In essence, debt consultation means consulting with a debt expert to analyse your situation and determine where exactly you stand with your finances. This can be done through a FAIS accredited financial advisor or through a debt counsellor. The debt consultation will determine whether you are over indebted and whether you need to seek further assistance.

If, during your debt consultation, it is determined that you have too much debt and you cannot keep up with your payments, you might be as be offered the option of debt management or debt counselling.

You are not obliged to enter into anything, though, and if you would like to get a second opinion and go for another debt consultation, you can do so.

If you have had a debt consultation from various different companies and they all find you to be over indebted and struggling with debt , getting help with your debt is strongly advisable. Seeking debt help after a debt consultation will prevent your credit record being damaged any further and will also, in really bad cases, prevent repossession and even court orders and even having to file for bankruptcy.

While debt consultation might help you realize that you are in deep amounts of debt, debt management will be a good option if you simply need a little bit of room to breathe.

Important to remember that, no matter what the situation, you should always do proper research before making a final call on what your course of action will be.

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