Contact a coach to help you http://FinancialWellnessShow.com/FindACoach
Are there any options when you fall behind on your bills?
Coach Parkey joins us today to share ideas for dealing with collectors.
When do you call your creditors?
What can you negotiate with?
Is there a moral responsibility to to pay the debt in full?
Dealing with collectors isn’t fun, but ignoring them is the worst thing you can do. 
Best practices for settling debts or negotiating new terms:

Communicate
Be honest about your situation
Offer them only what you have
Get any new deals put into writing
Never give collectors banking information 
Send cashier checks via certified mail

While dealing with creditors is scary, it is only temporary. Once a new deal is negotiated you have another chance to satisfy your creditors. 
If you are looking for assistance, support, or a Financial Coach to help you get through this, contact one of our coaches like Coach Parkey at http://FinancialWellnessShow.com/FindACoach
 
 

How to Talk to Your Creditors When Behind On Bills - FWS007

The Financial Wellness Show is here to help improve the health and wealth of your money. This show is for anyone wanting to take simple, actionable steps towards making their money go farther and to accumulate more wealth for their future.

The most respected Financial Coaches and subject-matter guests discuss various topics from spending, saving, retirement, and making wise purchases. Oh, and we show you how to get out of debt too.

To contact a coach visit http://FinancialWellnessShow.com/FindACoach

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Health & Fitness

Are you picking the RIGHT services for your wedding, ones that will help build memories and not regret?  Coach Hal and I discuss spending money on the RIGHT things for a wedding, not things that don't really matter to the success of your big day (or your child's big day).  For more details, including online wedding budget tools, visit http://FinancialWellnessShow.com/38

Wise Wedding Decisions and the Chocolate Fountain Fail

What is it like to live on a draw? Coach Carl explains how it works and how to be prepared for dry spells when a salesperson won't make enough to cover their draw on commission. For more information, visit http://financialwellnessshow.com/37

How To Live On The Draw - Making The Most Of a Salesman's Payday

How does a house divided join forces with new spouses and new
extended family members? Justin and Jessica tell their story of
bringing 4 adults together for the good of their children.

For an example of the spreadsheet, visit
http://FinancialWellnessShow.com/36

Remarried With Kids: How 4 Become 1

Teens should be applying for scholarships from 9th grade through college, according to Coach Christine. In this episode she brings us a wealth of knowledge for where to find scholarships and how to win them.For more information or one-on-one coaching, visit  http://FinancialWellnessShow.com/35

When and Where to go for Scholarships - FWS035

Would you be better off earning interest than letting the bank hold your money? 
Today we speak with Financial Wellness Coach Bill to discuss:

What is Escrow?
Are escrow accounts mandatory?
What are the advantages of having an escrow account through your mortgage lender?
Is it more financially efficient to escrow my taxes and insurance than to not?
Can I create an escrow account with someone other than my lender?
What are the disadvantages or things we need to be aware of if we don’t hold escrow through our mortgage lender?
What happens after I pay off my house? Do I still send my bank escrow money?

For show notes or to work with us: http://FinancialWellnessShow.com/34

How to Talk to Your Creditors When Behind On Bills - FWS007

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