T his page contains answers to common questions handled by our staff. An unsecured debt is an account or monies owed that has no tangible property or product attached to it.
Some common examples are credit cards, medical bills, and store cards.
In contrast Secured Debts are items such as mortgages, auto, or RV payments. This process is often referred to as Consumer Credit Counseling. While there may be some minor payment differences between companies, in general the creditors make the same identical concessions to all companies. We have all heard the old saying, if it's to good to be true, it probably isn't. While consumer credit counseling will probably save you a significant amount of money quotes that arrive claiming savings in excess of twice what you owe are probably unrealistic.