After experiencing a substantial reduction in his salary, Adam* struggled to adjust to his new income. Over time, he was able to find a second job and reduce his expenses, but by that point he had accumulated $25,000 of debt on his credit cards. Unwilling to file for bankruptcy, he wondered how he would ever manage to pay off his debt.
Though he hated the idea of filing for bankruptcy, Adam was unaware of alternative options - until he heard about Consumer Credit Counseling Service on 102.3 Talk! Radio. As he listened to the radio program, Adam learned about the Debt Management Plan (DMP), a program used by non-profits across the country to quickly eliminate credit card and medical debt. Recognizing the DMP as his salvation from bankruptcy, he immediately scheduled an appointment.
Adam first met with Tony Frazier, Certified Credit Counselor. After hearing the details of Adam's individual circumstance, Tony was able to provide a projection for how much Adam could expect to pay once accepted to the DMP. Together, they also examined Adam's budget to determine whether the monthly payment would be affordable and to consider whether any other expenses could be reduced.
After only 3 years and 1 month, Adam paid off his cumulative balance of $25,024.54! "Not only did CCCS help me pay off my debts quickly and avoid bankruptcy, they provided valuable emotional support. They understood what I was going through, and they helped me through it."
Congratulations, Adam! We're so glad to have been a part of your journey to become debt-free!
*Names have been altered to preserve anonymity.
If you are struggling with an overwhelming burden of debt, please don't hesitate to contact CCCS. Call (423)490-5620, email CCCSreception@PartnershipFCA.com, or live chat with a certified counselor right now!