When you work with a nonprofit credit counseling agency, you will be treated to high quality credit counseling and offered debt relief solutions that are best-suited to your situation, not driven by a sales commission or profit motive.
Our mission is to help you find debt relief and our advice is based on the details of your personal situation.
In Scotland you can arrange a Debt Payment Programme from the Debt Arrangement Scheme.
You may also have the option of reaching an informal agreement with your creditors.
This was very misleading, and the Financial Conduct Authority (FCA) took action against some companies to stop this type of advertising.
The FCA who regulate the debt advice sector has continued to bring these types of companies to account.
Your options depend on the amount of money and assets you have.