There are many ways to approach debt resolutions. At Just Budget, debt resolutions can be defined as the overall plan to help you get back in control of your debts. There are a number of strategies and approaches that Just Budget uses to achieve the best possible outcome. It is therefore vital that we analyse our clients’ situation and assess what is the best way forward.
Debt resolutions start with our initial phone call with you. In this quick conversation we will ask you about your situation, your finance, your debts and your lifestyle. Don’t worry, there are no credit checks here, so calling us will NOT affect your credit file. After this quick conversation, we can work with your creditors and take all the pressure off you. We can even manage all the payments for you so you wont need to worry about who to pay when. We can typically reduce your repayments with your unsecured creditors for up to six months giving you time to get back in control of things.
Our debt resolutions team will then work to stop intimidating calls and letters from creditors. We use Australian legislation to do this, which restricts stressful communication and will allow you peace of mind. At this point you have successfully made the first steps to getting back in control. You will have less stress and should be feeling confident about your financial future. With a strong debt resolutions plan as the foundation, we can then work with you and your creditors to ensure that you are able to get back in control of your finance and debts.
The next process in our proven Debt Management System is debt negotiation.
We have collated the best tools and apps for effective budgeting. If you can see where you money is going and where it is coming from you can make more sound financial decisions for the future.
Around 96% of Australians use banking and online money transfers; it’s fast and it’s easy. But the do-it-yourself banking system that we have these days
There are several ways of paying debt, two most common are informal debt arrangements, and a more official Part IX Debt Agreement. An informal debt arrangement does not negatively affect your screidt score unless you cannot stick to it, where as the Part IX Agreement is actually part of the Bankruptcy Act and can serious impact your ability to borrow down the track.
Just Budget Pty Ltd is a well respected company specialising in debt management and credit card support. Our primary goal is to remove the pressure from our clients and help Australians take back control of their finances.