In the case of overextension, you can set-up an orderly repayment plan between you and your creditors.
Anyone requiring debt management will be asked to pay a small monthly fee to partially cover expenses. Fee may be waived in hardship cases.
Act your own wage!
Refrain from using your credit to subsidize your income.
Make the budget a family project. Everyone must be involved in order for it to work.
Look for ways of saving money on expenses and eliminating non-essential expenses (entertainment, cable, cigarettes, shopping).
No more than 25% of your monthly income should go towards installment debt – credit cards, loans, car payments, etc.