Depending upon your specific circumstances, there are distinctive ways to deal with escaping obligation. How about we examine them right now so you can choose which approach will work better for you, in view of where you are monetarily at this moment.

If you have been paying your bills on time and have a good credit record (and want to keep it in a good position), and you are working and have a monthly income, then you can follow the plan outlined in part two of this book - credit counseling or debt settlement will not be a good choice for you.

If your accounts are past due and you cannot make the payments, then the credit counseling (also commonly known as debt management or debt consolidation) or the debt settlement might be a good choice for you. You can go to part three for more information on these services.

It's important to note that there is no magic bullet that will work for every debt situation. In any case, remember that much of the time, cash issues are not the consequence of budgetary issues but instead an aftereffect of how we think.

This may sound esoteric to some people, but when you think about it you will realize that it is true. For example, take any self-made millionaire, somebody who went from poverty to millionaire by himself or herself. If you were to take all their money away, do you think they can make it back? You bet! The reason is that they have a different set of beliefs about what is possible in life, they think differently than most people.

And when you consider that most people that won the lottery lost it all within just a couple of years, then you can see that how we think and what we believe is possible for us makes all the difference in the world.