Having debts is a problem that most people face. Oftentimes, the people who fall into debts are those people who do not have control over their spending habits. They realize that they are in deep financial trouble too late and have a hard time to get out of it.
Because many people are heavily in debt, there are many debt help services that offer free debt counseling. These services are provided by credit counselors which help the person in debt devise a way to plan his budget, taking into consideration his income, assets, existing debts and expenditures.