There is not only a shortage of currency these days, there's a shortage of good debt counseling services. Of course, you see plenty of TV and online ads which makes the average consumer think there are plenty around, and there are. But not all of them are bona fide or knowledgeable. You can also get the best debt solutions online via https://www.empireonecredit.com/debt-consolidation/
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The current economy has spawned debt counseling services in such a rapid way, but there are many known cases of abuse. This is a trend not just relegated to the credit debt industry and is something that is often seen in fast-growing sectors.
There is no real way to track companies, and it makes finding a good one a real needle in a haystack search for many people, who need one. Consumers can do online research on a company, and generally, the search can be very telling for either very positive or very negatives experiences by other consumers.
It is wise to be wary of any debt counseling service that widely advertises on television or sends out spam. Or at least, investigate articles about them prior to inquiring for more information from them. Check accreditations such as the National Foundation of Credit Counseling, which sets up strict guidelines for its members.
Debt counseling services who claim they can wipe out debt are some of the most dangerous because it simply can't be done. If a consumer considers that even bankruptcy may not erase all debt, then it is ill-informed to think that it can be done another way.
Debts are debts and they are on the books of creditors. It may be that they can be negotiated to a lesser amount, but it is rare that they can just magically disappear.