It’s easy to fall down the well of spiraling debt. If it hasn’t happened to you, it may very well have happened to someone you know. Major credit card companies lure customers in with promises of low rates and free balance transfers. Superstores, mortgage companies, and auto loan businesses entice people with amazing credit offers. And, as the story goes, the debt begins to snowball.

Unfortunately for many of us, this story often ends with unpleasant collection calls, final notices, and repossessions. In the midst of such stressors, bankruptcy may seem like the only viable solution.

Fortunately, it’s not. There are a number of options designed to help consumers pull themselves out of financial quicksand. One such option is debt consolidation.

Debt consolidation services help people manage unsecured debt that stems from credit cards, personal loans, and in some cases, unpaid medical bills.

If you find yourself buried in significant debt and want to discuss your options with a professional, a debt consolidation service can help. To learn more about the debt consolidation process in general, please continue reading this service shopping guide.