Debt Counseling provides you, the consumer, with protection against creditors wishing to take legal action. The goal of Debt Counseling is to develop a repayment plan that is, affordable to you acceptable to all of your creditors. This repayment plan will still allow you to meet your basic living expenses. This process is managed and facilitated by companies such as TRIANGLE TRUST. Once TRIANGLE TRUST has notified your creditors of your application for debt review, your creditors cannot take any further legal action against you, or repossess any of your assets for a period of three months