Do you know a couple of things you should do if you decided to go into a debt relief program? Yes, if you know your headed for some kind of debt program it would be a great benefit for you to prepare.
These two things will help you greatly in the future.
If your in debt and you need help there is a good chance your life will change after you enter a program.
Some program like debt consolidation will only affect you finances, but not your credit.
The others will likely have an impact on your credit score.
This will in turn affect your ability to borrow in the future.
The first thing not to do is borrow before you enter a program - in the old days you could borrow to the hilt, then go bankrupt and keep the money.
Honest or not that was a tactic used.
Now that the laws have changed, this tactic can have dire consequences on your ability to relieve debt.
The second thing to do is - move your spending habits slowly over to cash.
Start using a debit card instead of a credit card.
If you can use a pay as you go phone instead of a contract cell phone plan.
The point here is look for ways to adjust you lifestyle for more of a cash routine, you might as well get use to it sooner than later.
There will be million of Americans that will have to make the adjustments, so you are not alone.
Knowing this is coming it's best to prepare yourself and realize life will not be the same as it was a few years ago.
This is not a bad thing when you consider the bondage debt has put you in.
To get more information and make sure you know all your options.