Debtfree Magazine June 2018
SA's Free Monthly Debt Counselling and Debt Review Industry Magazine. June 2018 issue. We look at all the heat from the Annual Debt Review Awards 2018 as well as catch up with both a Debt Counsellor and the brand new PDA.
SA's Free Monthly Debt Counselling and Debt Review Industry Magazine. June 2018 issue. We look at all the heat from the Annual Debt Review Awards 2018 as well as catch up with both a Debt Counsellor and the brand new PDA.
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STAYING IN DEBT REVIEW<br />
AMENDING THE<br />
COURT ORDER<br />
If you are going to be experiencing a big change to your income or<br />
expenditure then with sufficient warning and legal costs involved it<br />
may be possible to motivate a temporary change to your repayment<br />
plan.<br />
Though you should expect to get push back from your credit providers<br />
(who want money every month) this can be arranged if you allow enough<br />
time to prepare everything. The Magistrate may not agree with the request<br />
and there is no guarantee but this is something you should discuss in<br />
detail with your Debt Counsellor weeks in advance. Realize too that there<br />
will be costs and time consequences.<br />
Amending a court order (even temporarily) is a lot of work and is not<br />
always the correct option. Your Debt Counsellor may rather talk to you<br />
about making life style changes like selling assets or renting out part of<br />
your home rather than mess with the existing court order.
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