WHAT TO DO WHENFACING A DEBT CRISIS
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KNOWING WHAT TO DO CAN MAKEA BIG DIFFERENCE
ON HOW TO DEAL WITHDEBT
THE RIGHT WAY
HERE ARE STEPS
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1. How muchdo you owe.Get a copy of yourpersonal credit reportand analyze youraccounts with yourcreditors.
W W W . B A D C R E D I T R E S O U R C E S . C O M
2. Talk to yourcreditors.
Get a copy of yourpersonal credit reportand analyze youraccounts with yourcreditors.
W W W . B A D C R E D I T R E S O U R C E S . C O M
3. Don't panic.
Get a copy of yourpersonal credit reportand analyze youraccounts with yourcreditors.
W W W . B A D C R E D I T R E S O U R C E S . C O M
WHAT ABOUT DEBTCONSOLIDATION?
- D e b t c o n s o l i d a t i o n l o a n i s s e c u r e dw i t h c o l l a t e r a l .
- Y o u w i l l n e e d t o k e e p u p w i t h y o u rm o n t h l y p a y m e n t s a l l t h r o u g h o u t
y o u r l o a n ’ s t e r m .
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IS BANKRUPTCY NECESSARY?
Bankruptcy is often considered as a lastresort and the most appropriate solution.
But as soon as you’ve been dischargedfrom your debts, you can immediately startbuilding a new and better credit history.
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CHANGE YOUR LIFESTYLEStart making changes to your lifestyle.
Pay more attention to your spending habits.
Discipline and motivation are important tosuccessfully manage your finances.
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