There is little disputation that debt is one of, if not the most potent financial stressors that individuals face regularly. People acquire it through a number of means, but it is almost unavoidable in some capacity in today’s world. Be it from student loan payments, a mortgage, or even unpaid credit card balances, debt can pile up quickly sometimes and go from something seemingly normal to something very harmful and overwhelming.

While large amounts of debt can seem like a nightmare a person can’t wake from, there is relief for it and no debt case is a hopeless situation. It can be difficult to maneuver out of however, which is why it is always a good idea, if you or someone you know is in a situation like this, to consult with a professional debt advisor.

Much like the legal system, the financial system can be overwhelmingly difficult to navigate, and debt merges the two in a unique way. Sometimes you will need to negotiate with creditors to help refinance sources of debt or grant legal extensions on certain payment types.

One strategy of managing debt is to consolidate all of your debt into a single manageable payment, but this also sometimes takes something savvy in legalities to manage the courts and contracts. Having an advisor who can not only help you determine the best plan for managing the debt that you have, such as using a strategy like debt consolidation, but can also help you go to bat with the crediting agencies is a very useful asset to have.

Even after your debt is resolved, a good debt advisor will also be able to offer you the knowledgable debt advice and tools you need to stay out of debt in the future. He or she will sit down with you and identify the areas in your life where debt is accrued and the habits that allowed the debt to mount up in the first place.

For example, if you charge a cup of coffee every morning to a credit card that leads to a high-interest balance, then the advisor will notice and recommend you brew the coffee at home. Habits like these aren’t always obvious to the individual, so it can be helpful to have an outsider’s perspective on them. Moreover, developing these habits will lead to less or no debt in the future and a happier life overall.

Debt is a major financial stressors for almost all Americans, however it doesn’t necessarily need to be. A strong debt advisor will be able to work with you to help you identify the areas of debt, and how they were accrued, and offer effective strategies for getting out of and staying out of debt forever. If you or someone you know is feeling overwhelmed by debt and need the expertise of a debt advisor, Cain and Daniels can offer the aforementioned services and more.