Dillon Law

You should determine whether your financial difficulties are temporary. You can ask your creditors to adjust your payments or payment schedule. Creditors may agree to this if you have been prompt in the past, or simply to avoid a costly and inconvenient bankruptcy proceeding. If you seek the help of a credit counselor, do research on the organization first. Some advisor's work for non-profit agencies, but others charge fees and can offer unscrupulous or simply wrong advice.