FAQ about Debt Stories

What options does a debt relief service offer?

Debt counselors have many tools at their disposal to help people who are suffering from financial distress. From simple counseling to understand their own financial situation and how to better manage their money, to counseling on setting up a debt consolidation, or negotiating directly with creditors to lower payments, interest rates or total amount due. Debt counselors may also be a party of fulfilling a legal requirement for bankruptcy counseling before a bankruptcy is discharged.

How much do debt relief services cost?

Debt relief services have different prices depending on what they are and how extensive the debt situation is. In all cases, a legitimate organization will spell out completely for you the service that will be provided and the results you can expect before asking any money from you.

Do I have to use one of the options the counselor suggests?

No. Your debt counselor is there to offer you their professional opinion of your financial situation and what they think will work best. If, after hearing their suggestions you would like to amend and make changes to the proposal, you should feel free to. Or, if you want to choose none of their options and have a different suggestion or way you think it should be handled, you should discuss that with them as well.

How much does it cost to get a referral on this site?

There is no cost to receive a referral to a debt counseling service through DebtStories.org. All of the information received on this site as well as the referral to one of the many services on our network is completely free of cost or obligation.

Do I have to use one of the counselors referred to me?

No. If you receive a referral through this site by filling out our simple form, you do not have to use the service that is referred to you.

Does DebtStories.org provide debt relief counseling services?

No. Neither the owners of this site nor its operators are engaged in professional debt management or debt counseling services.

How long does debt counseling take?

The actual process of getting debt counseling can occur in as little as a few days. Once you have contacted a consultation specialist, they will work with you over however long it takes for you to get a complete profile of requested information to them. After that, their recommendation for you will usually come in a few hours or less. From there, the actual process of implementing whatever plan you decide with your counselor can take from as little as a day or two to a couple of weeks for debt negotiations.

Is my information safe?

Absolutely. This site uses only the latest in Internet encryption technology to keep your information safe when it is transmitted to us and through our network to find the right consultation service for you. You may submit with confidence, knowing that your information is safe from prying eyes.