Know what kind of debt you have
Secured loans, such as a home or vehicle loan, are backed by an asset. Unsecured debts, such as personal loans and credit cards, are not. The lender’s options, and your risks, differ for each.
Your credit report is part of the story
Late payments, settlements and write-offs all show on your credit report. Check yours regularly and dispute errors.
Deadlines drive outcomes
Notices, cheque bounce timelines and court summons all run on dates. Missing one can cost you options.
Put everything in writing
Agreements, offers, settlements and complaints should be written and acknowledged. Verbal promises are hard to prove.
Get guidance early
Most debt problems get harder with time. A short, early conversation often opens options that a late one does not.
Looking for specific help? Read our guide to financial and legal consultancy or request a confidential consultation.
This article is general information and not legal advice.