After a Divorce Debt Consolidation Information

A family friend is getting a divorce and is fairly deep in debt.  Recently he asked us about if he should consider contacting a debt consolidation company to get on a debt consolidation plan.

I told him my opinion he should avoid those type of companies.  They are not out to help people in debt they are out their to make money off of fees and such.  Often people who do contact them and go through all of their hoops at the end find out they are not elligible for any help from the company and they are back at square one.

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