31.05.2017 Views

Debtfree May 2017

SA's Free monthly debt counselling and debt review industry magazine. This month we talk about whether you are sabotaging your own debt review. We have news, reviews, tips on dealing with collections agents and more.

SA's Free monthly debt counselling and debt review industry magazine. This month we talk about whether you are sabotaging your own debt review. We have news, reviews, tips on dealing with collections agents and more.

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SELF SABOTAGE<br />

Are YOU Sabotaging<br />

Your Debt Review?<br />

When you finally decided to enter debt review it might have been<br />

from a place of desperation or perhaps, for those more fortunate,<br />

knowing that you were about to go through tough financial times.<br />

The relief that comes from having a financial plan that will work and<br />

will enable you to cover your costs and still pay back your debt in a<br />

more reasonable manner is immense. It is a good feeling.<br />

Many who enter debt review however do<br />

not go the full distance. Some start well<br />

and then miss payments after a short time<br />

period.For others they can pay for many<br />

years getting oh so close to being debt free<br />

before they fall off the wagon.<br />

The results of leaving a last chance way<br />

of dealing with debt responsibly before<br />

completing the programme are harsh.<br />

Many consumers have then had to deal<br />

with renewed harassment, had to face<br />

collections agents, summonses and many<br />

have gone on to lose assets. If they had<br />

stayed in the debt review process they<br />

could have avoided all these consequences.

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