Goodbye Consumer Credit Counseling Services of Nebraska
Consumer Credit Counseling Services of Nebraska (CCCSN) closed its doors this year. The agency opened in 1976 and was viewed as the best organization to help debtors avoid bankruptcy by establishing...
View ArticleThe Profit in Nonprofit Credit Counseling
To be in the credit counseling business you have to be a nonprofit. Credit card companies will frequently refuse to set up repayment plans with for-profit debt counselors. Mandatory bankruptcy credit...
View ArticleDoes Credit Counseling Work? A review of the Cambridge Transparency Report
Cambridge Credit Counseling has released its 8th Transparency Report, the only such report available in the credit counseling industry. One of the more disturbing aspects of the nonprofit credit...
View ArticleDave Ramsey’s Debt Snowball
The most famous name in the getting out of debt industry is Dave Ramsey. As a young man Dave himself was in a pile of debt and wound up filing bankruptcy. The pain of that experience lead him on a...
View ArticleChapter 13 Success Rate Greater Than Credit Counseling Plans
Do Chapter 13 payment plans really work? How many customers actually finish the plan and become debt free? How does it stack up to other options like consumer credit repayment plans? If you don’t...
View ArticleThe Lack of Counseling in Credit Counseling
Before a person can file bankruptcy they must take an approved credit counseling class and their attorney must file a Certificate proving the class was taken with the court. The idea is to make sure...
View ArticleBest Debt Management Companies 2018 Reviewed
Saundra Latham writes a good review of the best credit counseling agencies of 2018 in The SimpleDollar website. She correctly points out that the best credit counseling firms to handle a Debt...
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