Debtors in Georgia can now breath a sigh of relief with the debt consolidation services offered in their state. The programs here help people to handle debt problems efficiently, without having to face bankruptcy or any other life devastating decisions.
Georgia debt consolidation programs
There are two kinds of debt consolidation services offered to the people of Georgia. A debt consolidation loan and a debt consolidation program. The difference between the two is simply that in a loan program, you are given one lump sum from the company to help pay off your debts to one single creditor. Later you would only have to repay the company on monthly basis.
The debt consolidation programs, come out with many other branches such as debt counseling, debt negotiations etc. Here you are given options to settle payment schedules, that suits you best.
Other than loans and programs, the companies also offer free free counseling services, that can guide you how to handle existing debt issues and which service to use best for your problem.
General Information
- The Statue of Limitations (SOL) on debts in Georgia is 4 years for oral agreement and open ended account, whereas for written contracts and promissory notes its 6 years.
- The address of the Attorney General is
40 Capitol Square, SW
Atlanta, GA 30334
Phone no – (404) 656-330
Fax – (404) 6578733
