Velkaneuvonta

Velkaneuvonta (debt counseling) is a public service in Finland that provides free, confidential guidance to people facing financial difficulties. Its aim is to help households manage debts, improve their everyday finances, and prevent insolvency. The service emphasizes independent support, rights-and-responsibilities information, and practical steps to regain financial control.

Velkaneuvonta is primarily offered by municipal social services and is available to residents of the municipality. People seeking assistance should contact their local city or town welfare office or the municipal velkaneuvonta coordinator. The service is normally free and confidential and is often available in Finnish and Swedish, with interpreters for other languages when needed.

During counseling, a caseworker assesses income, expenses, debts, and assets; helps prepare a budget; explains creditor rights and potential legal consequences; and assists in negotiating feasible payment arrangements with creditors. They provide information about debt-relief options, such as debt restructuring or insolvency proceedings, and offer guidance on applications and required documentation. The counselor may also accompany clients to meetings, help fill out forms, and connect them with other social services if appropriate.

Velkaneuvonta does not replace legal advice or formal representation, but it supports informed decision-making and helps access public and legal processes. It is one element of broader social support intended to reduce financial distress and promote long-term financial stability.