Abacus Credit Counseling

Abacus Credit Counseling is a non-profit company dedicated to helping individuals get out of debt. Sometimes, this type of credit counseling is referred to as debt counseling; its aim is to help you reduce or eliminate your debt so you can increase your credit rating and status. Abacus helps you determine if you can get out of debt by managing your finances or if bankruptcy is the best option for you.

Pre-bankruptcy counseling

Abacus helps you look at the current load of debt you are carrying to see if it is possible to simply reduce the interest you are paying in order to help you eliminate your debt. It can help you work with credit card companies and other lenders to work out payment arrangements that are acceptable and beneficial for you as well as the lending company.

Bankruptcy and post-bankruptcy counseling

Filing for bankruptcy is a scary process and having a helping hand to walk you through it is often beneficial. Making sure you learn how to manage your money and prevent history repeating itself (i.e. making sure you know how to prevent your debt from increasing again) is also beneficial. These are both services offered by the staff at Abacus.

When you are in debt, sometimes it is overwhelming to begin to search for a solution. The professionals at Abacus Credit Counseling are trained to do help you reach greener financial pastures while helping you learn how you got in debt and how to keep from returning there in the future.