Introduction to When You Are Overwhelmed by Debts
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Debt problems are so common that many sources of help have sprung up to help people deal with them. You need only reach out to them. This course is a starting point for anyone who wants to learn how to get a grip on debt.
What you will learn
- How Do I Start Addressing My Debt Problem?
- When You Miss Payments on Major Expenses
- Handling Collection Agencies and Creditors
- When Creditors Can Garnish Your Wages, Put Liens on Your Home, or Take Your Assets
- Which Debts Should You Pay First?
What do you know?
Introduction to When You Are Overwhelmed by Debts
People get overwhelmed by debt for several reasons. They lose their jobs, they take cuts in pay to keep their jobs, they suffer unforeseen medical expenses or homeowner bills, or they suffer some other event they may not have foreseen. There are some who never learned good money management skills. Still others have problems delaying gratification, which was made all the worse by the availability of cheap credit.
Whatever the reason, if you can’t pay your debts, you need not panic, nor do you need to stay stuck where you are. Debt problems are so common that many sources of help have sprung up to help people deal with them. You need only reach out to them.