Each of us sometimes has some misfortune. Illness, accident, loss of job … Any of these factors can cause us to become debtors and not be able to cope with our obligations.
It’s important not to give up and keep fighting!
Many people with debts cannot function normally, close themselves to the surroundings, tremble at the sound of the telephone or doorbell, have a sense of inferiority, sleep problems, a falling apart family …
They ask themselves: what should I do? Why did this happen? You have to realize that you will certainly not get out of debt by blaming everything and everyone that you have them. Have you made mistakes It’s hard, lift your head and fix them!
The first thing we need to do to get out of debt is to decide that we won’t borrow any more ! It is very easy to fall into the credit loop, it is much harder to get out of it.
Let’s count how much we owe and how much we have
What material goods we can cash for? Let’s look for every injection of cash, let’s think about whether we really need a car? New TV Phone? If we don’t have a job – let’s look for it as intensively as we can. If we are already working and we still have free time and energy – let’s look for additional paid activities.
Let’s do a legal environmental interview. It is worth finding out what is allowed and what is not. Debts should be eliminated in turn , gradually – first the most urgent commitment, and when we pay it back, we start paying for the next one.
If we can not cope with debts ourselves , we can seek support in the family . Help from loved ones (especially the non-material) can be invaluable to us.
We should not avoid calls and letters from creditors
Let’s talk with debt collectors. Escaping will not do anything to us, it will only make matters worse. If we do not know what to do and we are no longer able to listen to further debt repayment reminders, we can turn to a professional debt relief company. Such companies are experienced in conducting mediation, so they can relieve us.
They will negotiate on our behalf with creditors and also provide valuable advice. To get out of debt, it is very important to wake up as soon as possible and realize that the financial situation is getting worse. Later, you just have to start acting, catch up losses persistently, and finally cut off the loop tightening on our neck.