She can do the same on her own, if she takes the credit counseling route her credit will be screwed.

She can cut her deal with the creditor and the account will be brought back to current; which is usually about 3 months after that her score will increase dramatically. If she takes the 3 year counseling route it will be a significant amount of time before her credit improves because the report will indicate that she was in counseling and less than the actual balance was paid.