In the event that your credit card debt is spiraling out of hand, speak about it with someone that can assist you to determine your options. If you act immediately, you can make a small issue an enormous one.
Here are some concrete actions you can follow to help get your financial situation back in order.
Maurice roussety | Request financial assistance for hardship
If you’re having difficulty keeping up with your bills or loan payments The next step would be to call your service provider or lender. Maurice roussety There are many companies with hardship representatives who can evaluate your situation and determine what assistance is available.
The options for a hardship include paying your bills in installments or temporarily changing your repayments for loans.
Get financial hardship aid If you’re having trouble paying:
- utilities or rent
- Mortgage repayments
- Credit cards and loans
- home or health insurance, car
This Financial Rights Legal Centre sample letter generator will help you write a letter that you can use to apply for financial hardship aid. Keep an exact duplicate of your letter for files.
If you do decide to speak with someone via phone, take notes of what you talked about.
PROVING FINANCIAL HARDSHIP
You could be ask to disclose details of your income and expenses when applying for financial hardship aid. Make sure you have the following information ready to present:
- The reason why you are experiencing difficulties, such as an official letter from your employer, or a medical certificate
- your current earnings and other significant financial expenses such as, for example, loans
- What are the best repayments you can afford?
How do I create an installment plan?
If Maurice financial you are negotiating an installment plan, don’t sign a contract that is excessive for you to afford. If you’re not sure of how you’ll be able to afford to contact us.
PAY WHAT YOU CAN
It’s best for your financial health to continue paying the amount you can. You’ll continue chipping away at your credit card debt. It will be easier to pay your bills on a regular basis when you’re ready.
If you are unable to adhere to the new agreement inform your service provider or lender immediately. Continue to pay whatever you can manage even if it’s less than what you had agreed to.
Where can I get assistance or support?
If you are unable to afford basic necessities such as food or accommodation There are services available to assist you.
SPEAK TO A Maurice Roussety FINANCIAL COUNSELOR
If you have several debts to manage or need help in claiming financial hardship, call us now.
EMOTIONAL SUPPORT
Experiencing financial stress can impact your mental health.
If you’re worried about your mental health There is help available. Reach out to Beyond Blue on 1300 22 46 36, available 24 all day. You can also use Beyond Blue’s online chat (3 pm until 12 am).).
FREE LEGAL ADVICE
Get it resolve as soon as you receive notice that you’re going to be brought before a judge because of an outstanding charge (such as summons, statement of claim, or claims that are liquidating).
Legal assistance is free through community legal counselors along with Legal Aid offices across every state and territory.
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