May 2022 Debtfree DebtBusters Special Edition
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STAY POSITIVE ABOUT DEBT REVIEW<br />
DEBT REVIEW IS<br />
AMAZING<br />
Debt review provides consumers with a way to deal<br />
with their debt in a realistic and sustainable manner.<br />
When consumers in debt first experience debt review,<br />
it can seem like the perfect solution, not only making<br />
debt repayments possible, but even providing huge<br />
savings on fees and interest over time.<br />
The process (which is done through court) also offers consumers<br />
legal protection, and a way to protect their assets, should<br />
uncooperative credit providers ever try take legal action against them.<br />
While many debt reviews are scheduled over 5 years (which is a good<br />
balance between risk to the credit provider and reduced installments<br />
for the consumer) every debt review is tailored to the needs of the<br />
individual. A Debt Counsellor work out an adjusted and realistic<br />
budget, then assists in organizing realistic and manageable monthly<br />
repayments through a PDA.<br />
When consumers stick to the repayment plan and their monthly<br />
budget, they reduce their stress, learn to manage their finances<br />
better, progressively pay off their debts and finish their debt review<br />
totally debt free.
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