Self Help Guide to dealing with debt - Kent Trust Web
Self Help Guide to dealing with debt - Kent Trust Web
Self Help Guide to dealing with debt - Kent Trust Web
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Contents<br />
Introduction 2<br />
Practical Steps<br />
Step 1 Contact all credi<strong>to</strong>rs 4<br />
Step 2 Decide priorities 5<br />
© 2004 Credit Action<br />
Published by<br />
Credit Action<br />
Howard House<br />
The Point<br />
Weaver Road<br />
Lincoln LN6 3QN<br />
Tel 01522 699777<br />
office@creditaction.org.uk<br />
www.creditaction.org.uk<br />
<strong>Help</strong>line 0800 138 1111 (operated by the Consumer Credit Counselling Service)<br />
First Published 1998<br />
Second Edition 2004<br />
Step 3 Prepare financial statement 7<br />
Step 4 Maximise income 9<br />
Step 5 Review expenditure 10<br />
Step 6 Negotiate <strong>with</strong> priority credi<strong>to</strong>rs 11<br />
Step 7 Negotiate <strong>with</strong> secondary credi<strong>to</strong>rs 14<br />
Court proceedings 18<br />
Conclusions 22<br />
Some dos and don’ts 24<br />
Notes 25<br />
Written by Gordon Cook<br />
Gordon is an experienced <strong>debt</strong> counsellor who has worked <strong>with</strong> Credit Action for many years.<br />
Design and production by Stephen Lown Graphic Designer<br />
Credit Action is a national money education charity dedicated <strong>to</strong> helping educate individuals and families in all<br />
aspects of money management. Credit Action works in partnership <strong>with</strong> another charity, Consumer Credit<br />
Counselling Service (CCCS), who answer all our helpline calls. CCCS is a charity dedicated <strong>to</strong> providing<br />
confidential, free counselling and money management assistance <strong>to</strong> financially distressed families and<br />
individuals.
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