Can non-profit credit counseling companies guarantee to help you get out of debit?
Legitimate debt counseling services can assist you in negotiating with your credit card debt and work out a payment plan that will eliminate your debt if you live up to the agreed terms. ChaCha
Answered -
About Debt
Debt is an obligation to pay someone back, either in money or other goods. Before the recession of 2008 and the financial meltdown, many people and corporations took on so much debt that their houses were foreclosed and their companies failed or had to be sustained by the government until they got back on their feet. (An example is General Motors.)
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