The new year provides us with the opportunity to start fresh by shedding our old bad habits. As such, the new year is the perfect time review your finances and get back on track.

Now that the chaos of the holiday shopping season is over, consumers are forced to face the harsh reality that they may have spent beyond their means and accrued more credit card debt than they initially anticipated. Once the bills begin rolling in, it can become difficult and frustrating to keep track of — and even keep up with — monthly payments. Add high interest rates to the equation, and you have a financial hot mess on your hands.

While many people choose to use a portion or all of their tax return to put a dent in their holiday debt, this is only a temporary solution and does not address underlying factors such as sky high interest rates, multiple monthly payment,s and a fixed income that may already be spread thin. Luckily, help with debt is readily available.

Debt relief companies offer a variety of flexible debt relief options such as debt management plans, debt settlement, and expert financial planning advice, which can help you stay out of debt and make better, more informed financial decisions in the future.

There is no cookie cutter one-size-fits-all approach to debt relief, something that debt relief companies know and understand. As such, they offer customized debt counselling that is based on your specific financial situation and desired goals. An experienced debt counselor will carefully evaluate your finances in order to determine which option is best suited for you.

While getting out of debt may seem like a difficult, if not impossible task, it’s important to remember there are options available for each and every financial situation. For example, those who have private student loan debt may feel that their situation is hopeless. However, this is not so. By working with debt relief companies, anyone can become debt free.