Thursday, November 14, 2024
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Debt Review School: Can It Wait?


If you are faced with a sudden change in circumstances (either big or small), that can impact on your budget and ability to repay your debts.

If it is something smaller like, a broken appliance or dent in your car, then when you discuss the matter with your Debt Counsellor, they may suggest that you consider: Can you wait to fix the issue?

Can it Wait?

This is because with some planning you may be able to still pay your debts and save towards sorting out the problem. It may take a little while but maybe it can wait.

More serious changes may mean your entire review and repayment plan need to be revisited and maybe a new court order obtained.

Either way: Chat to your Debt Counsellor as soon as you can.

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