CONSUMER BUDGET COUNSELING, INC. is a non-profit organization formed to help reduce the incidence of personal bankruptcy by assisting clients with personal money management and assisting individuals and families who have financial problems.

CONSUMER BUDGET COUNSELING, INC. will work to educate the public to the uses and abuses of consumer credit and provide information to the public on budgeting, buying practices, and the sound use of consumer credit through the use of films, speakers and publications.

The organization will provide consumer credit and budget counseling to families and individuals who are in need of assistance by providing individual counseling and, if necessary, by establishing budget plans. Under CBC's debt management plan, clients voluntarily make fixed payments to the organization. The funds are then kept in a trust/escrow account and disbursed on a partial payment basis to their creditors, whose approval of the establishment of the plan is obtained by the organization.

The organization will put forth effort to establish a resource center and clearing house to compile, collect and disseminate statistical and other information about unconscionable and abusive credit practices. Finally, the organization will engage and support research about consumer credit practices and abuses.