How to get out of debt: the possible solutions
How to pay off debts: the best alternatives
The worst aspect of the various situations that can lead to a high degree of indebtedness is attributable to the same condition: the inability to realize, in the specific moment in which the debts are contracted, of the threshold in which one remains in an area of sustainability or move to an unsustainable situation. But how to get out of debt ? Here are some useful tips.
What to do in case of debts with banks?
If you have numerous installments, and it is hard to repay all of them, then the hypotheses can be two:
- fall within the hypothesis of a moratorium, as required by law (for example in the event of the death of a family member of an income, in the event of dismissal, serious illness, etc.);
- proceed with a loan consolidation loan, even with a possible extension of the repayment plan so as to make the total installment more sustainable, obviously sacrificing the economic aspect. This is one of the few situations in which, at least for the compelling moment, one can move even if one has no money to save by simply accessing a specific form of credit.
How to act in situations with gambling debts or Astro Finance?
The most complicated situations arise when debts accrue due to gambling and for the tax bills presented by Astro Finance (or any other collection agent). In fact, in these cases one feels at fault, or at least one tends to keep hidden those that are perceived as weaknesses or faults, which leads to delays that can only worsen the situation (see also How not to pay Astro Finance ).
The first thing to do is to consult with trusted people, or with competent consultants (who often work for consumer associations, in some cases in larger parishes, or caritas, etc.). In the case of gambling debts, aid can be obtained with access to specific funds, it being understood that it is necessary to undertake a path that allows to overcome a possible problem of gambling addiction. In the case of debts with Astro Finance you must first let us help you to check that they are due in the requested amount (something not to be taken for granted), and then ask for the maximum available installment, perhaps taking advantage of the longer one applicable in the case of demonstrable economic hardship.