Taking the plunge
Most people with debt problems tend to come to us for help as a last straw, when everything is closing in on them. Life gets very stressful when you can't pay your bills and creditors are making demands that just seem impossible. Make no mistake, we money advisers don't judge you for this, we know how hard it is to admit there's a problem, let alone tell a stranger all your personal business.
Our debt clients tell us that they feel shame and embarrassment and they're often suffering from depression leaving them hesitant to take positive action.
But they also have something in common, and it's not just being in debt, it's that they all say"I wish I had come to you sooner for debt advice".
Is Debt Advice complex?
Not gonna lie here, debt advice is a complexregulated processprovided by trained money advice professionals. But that's just it, for you, the person in debt, it shouldn't appear complex and off-putting. We created theto give a simple overview of what happens when you start receiving free debt advice.
Of course, there's a whole lot of other technical stuff that your money adviser will be looking at but they'll keep you informed along the way. We hope that you'll find this resource helpful and that at least one of the barriers to seeking debt advice is removed, you'll know that there's always something we can do to help you.
4 Legs of Your Debt Advice Journey
Leg 1. Tell us about your debt situation
Leg 2. A detailed financial assessment
Leg 3. Choose your debt option
Leg 4. Take control of your debt
Your Debt Advice Road Map
Leg 1. Tell us about your debt situation
Stop #1 – We need to know the background to your Debt & your personal information.
Stop #2 – We’ll identify any emergencies & help you deal with them.
Stop #3 – Helping you with a detailed budget, including ways of maximising income & budgeting advice.
Stop #4 – We’ll identify your important payments & make sure they are kept up as a priority.
Leg 2. A detailed financial assessment
Stop #5 – We’ll check how much money you agree that you owe & look at any assets you own. We’ll help you consider changes that may happen to your budget in the future.
Stop #6 – We’ll help you work out what money, if any you have left over after essential bills. This is called your disposable income.
Leg 3. Choose your debt option
Stop #7 – You choose the best eligible Debt Option that suits your situation best.
Stop #9 – We’re with you every step of the way, you’ve chosen a Debt Option, now let’s help you with it.
Leg 4. Take control of your debt
Stop #10 – You’re on your way to be free from Debt & we’ll still be here to keep you on track.
.
