My name is Doug Hoyes, and in over 25 years of working
with people in financial difficulty I have discovered that each of us has our own unique «breaking point», the point at which our debt becomes more than we can handle, and we have to take action.
Essentially what took place is this:
people in financial difficulty were told that if they gave as much as they could, then the magic wand of anointing would solve all their problems.
While chapter 13 bankruptcy is a very powerful tool for
a person in financial difficulties, it is not a great tool to get a car back that has been repossessed.
Not to mention you usually need a nearly perfect credit score to get approved, and for
some people in financial difficulties, they may not have that perfect score.
You might also like to contact a financial counsellor who can provide information to
people in financial difficulty.
Consider doing police and credit checks (after obtaining consent) as
persons in financial difficulty may be under pressure and become tempted to steal your firm's financial or information resources.
Financial counsellors help
people in financial difficulty.
You might also like to contact a financial counsellor who can provide information to
people in financial difficulty.
Gives free and confidential access to financial counsellors, information, support and advocacy to
people in financial difficulty.