If you are unable to pay off your debt on time, you may be under extreme stress. But don’t worry, there are options available that could provide you with relief.
Start by making a list of debts owed and the minimum payment required. Avoid chucking your bills into a pile. instead, open them. Make a list of the debts owed and the minimum payment required.
Many people struggle with obtaining relief from debt. When debt spirals out of control, digging out is a significant challenge. Companies like TurboDebt can definitely help you find relief through expert consulting services.
David Wright sought the help of TurboDebt when he could no longer afford his medication. He borrowed money when he stopped working due to a rare neurological condition.
Here’s a transcript of how a TurboDebt advisor provided expert advice on his situation:
David Wright says: Advice on debts if you can’t pay them. One year ago I had to stop working due to a rare neurological condition. I have income support through my pension however my income has dropped by $70,000. I have $78,000 of unsecured debt and have financial hardship arrangements in place but they are due to end. Unfortunately, I cannot make the debt repayments.
TurboDebt advisor explains: I’m sorry to hear about your health and your financial struggles. You’ve been through a lot and if you can’t afford to return to making the normal payments on your unsecured debts then you may have other options.
The type of options that may be available to you will depend on who your lender is and your personal situation.
You can apply for a partial waiver, or debt reduction, and affordable repayments so you can repay the reduced debt in a reasonable amount of time.
Another option you can consider is consolidating debt like personal loans, credit cards and home loans so that your total repayments are lower.
The best I can tell you right now is to make an appointment to see a free financial counselor, as soon as you can before your hardship arrangements end.
Luckily, David Wright made the right decision to seek the expert advice of a TurboDebt advisor.
Remember, a financial counselor can give you more personalized advice and help you with your debts and negotiate a suitable option for you with your creditors.
Aside from David, TurboDebt helped hundreds of customers to find the best solution for their financial challenges.
Here’s What Customers Say About TurboDebt:
Tiffany Karzen
Hardships happen, which is the case for me. Luckily with TurboDept, they're helping me to correct this. They've been nothing but professional and understanding. This is definitely the best decision I've made. Thank you, TurboDebt.
Doris Anderton
I wasn't even looking for debt relief. I was browsing for emergency funds for college students and TurboDebt just kind of fell in my lap. They did an amazing job at explaining all the programs to me and helping with get approved for the best program that fit my needs. I am very confident in the decision I made to go through with debt relief through TurboDebt.
Rosemarie Kosko
I must say Sharon knows what she is doing. It was a pleasure to talk to her. She explained everything to me in a very understanding way. She was also very pleasant to talk to and I appreciate her advice on my finances. Thank you for having her help me.
Teresa Taylor
I am very pleased with the help that we got from TurboDebt. I feel such relief to know that my credit card debt will soon be under control and that I will be able to secure my finances in the future.
Corey A.
Sam was very helpful and professional. I felt comfortable discussing my financial situation with him. He was very understanding and knowledgeable. Sam is a great asset to your company and I am glad I got the opportunity to work with him! Thank you!