September 2020 IDM Special Edition
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TALK TO YOUR DEBT COUNSELLOR<br />
INCOME CHANGES<br />
If you see problems brewing due to a possible future change in income,<br />
your Debt Counsellor can reach out to your credit providers in advance<br />
and warn them. This may prevent them from trying to get out of the debt<br />
review. It might not prevent all of them from leaving and starting to send<br />
new lawyers after you but it might keep most of them in the process. It<br />
could happen that the credit providers are understanding, and give you<br />
a month’s breathing room or allow you to make a reduced payment for<br />
that month. This could only happen if they are notified well in advance,<br />
and if the Debt Counsellor has enough time to try reach out to them.<br />
Speak to your Debt Counsellor as soon as you think there might be a<br />
change with your income.
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