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Difference between revisions of "Problems with Debt"

From Clicklaw Wikibooks
No change in size ,  23:33, 24 March 2014
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==How do I <span class="noglossary">contact</span> my creditors and what do I say?==
==How do I <span class="noglossary">contact</span> my creditors and what do I say?==
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===Step 1: Write a short letter to each of your creditors===
===Step 1: Write a short letter to each of your creditors===
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=== Step 3: Attach your budget===
=== Step 3: Attach your budget===
[[File:ConsumerLawGuidePage11B.jpg | right | frame | link=| <span style="font-size:60%;">Copyright www.shutterstock.com</span>]]


Your budget shows the people you owe money to (creditors) what you can afford to pay towards your debts. If a creditor thinks the amount you spend on something is unreasonable, they may ask you to explain why you spend this amount.
Your budget shows the people you owe money to (creditors) what you can afford to pay towards your debts. If a creditor thinks the amount you spend on something is unreasonable, they may ask you to explain why you spend this amount.
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