Debt Consolidation Credit Counseling Vermont
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Credit counseling is no good if you dont know what youre getting
By Talbert Williams
The recently passed bankruptcy law known as the.Bankruptcy Abuse and Consumer Protection Act was intended to make it harder for consumers with debt problems to file for bankruptcy protection. It was also intended to keep the credit card companies profits as high as possible, as that industry suffers the most from bankruptcy filings. An additional benefit to this legislation is to provide financial counseling to those who need it.
"Those who need it" is defined in the new law as everyone. Counseling will now be a mandatory prerequisite for anyone considering a bankruptcy filing. The theory is that by offering financial advice to those who have problem debt, repea...
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