Being in debt can be a difficult period for anyone. Constantly receiving harrassing phone calls and letters coupled with the feeling of helplessness you can feel when you do not know how or when you will be able to keep making repayments is stressful and depressing. If you have a mortgage and a family this pressure will no doubt increase accordingly.
If you are struggling with unaffordable debt we recommend that you formally negotiate and settle your debts to avoid losing your family home.
If you find yourself in a situation where you can no longer afford to repay debts such as credit cards and personal loans you need to act fast. If you have a mortgage it might be possible to save your family home, and avoid bankruptcy but you may need to enter into a formal negotiation with your creditors. This may involve entering into an agreement know as a debt agreement or a personal insolvency agreement.
These formal agreements have been set up by government legislation and are closely monitored. The benefit of entering into a formal agreement with your creditors is that it allows you avoid personal bankruptcy. We can help you set up a debt agreement or a personal insolvency agreement.
To speak to an experienced advisor who can provide you with free, professional advice that relates to your specific circumstance, call us today or fill out the form to the right. Free call on 1800 98 10 70