What is self guided debt consolidation as mentioned in a previous blog?

Hey, thanks for reading...

Self Guided is as it says. You take on the responsibility of contact and negotiations with your creditors without aid of a 3rd party. Many "credit counselling" and "debt management services" act as an intermediary between you and your creditors, but fail to protect or shield you from any sort of legal action that can be taken against you by a disgruntalled or dissatisfied creditor. What you are doing on a Self Guided approach is "eliminating the middle man". This process is highly effective but not for the timid. Initation into this process means that you must become completely familiar with your debts and all the details around them. Namely how you came to have the debt in the first place and how you will with coaching take control. You will have to ensure that you have an Expence Plan in place, you will have to muster some courage and conviction to solve your own problems, and humility and mindfulness of the situation is highly advised. You can do it if you so choose to. Give it some thoughts and feel free to contact me for future assistance.