"Our counsellor was the best person I have ever dealt with. With this being a sensitive situation, he did not come across as judgmental, and he was extremely helpful. His advice has been crucial to us, and we will be forever grateful to him."
- TERRI & MARK
- TERRI & MARK
Creditor Communication Check List
- Make a list of all of your current sources of income.
- List all of your weekly and monthly expenses – include all of your spending. Don’t forget to include a monthly estimate of your necessary seasonal expenses.
- Consider your assets – what may be at risk if you are not able to pay.
- Find out if any of your debts are co-signed, joint or guaranteed. If you are not able to pay, the other person(s) may have to.
- Gather your supporting information. Prepare a brief summary of your expenses.
- Write a letter to your creditors to briefly outline your situation.
- Fax or mail your letter and supporting information to your creditors. Keep proof that they received it.
- Follow through with all commitments you outlined to your creditors in a timely manner. Make a note on your calendar if you need to send a payment or when you need to provide an update as to your situation.
Remember, we are always happy to answer your questions and provide assistance or more information. Get help now and stop the collection calls.
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