Posted by: Rulane Bakane | 2016/06/13 07:54
Thanks for the query.
In this case you need to draft a
budget plan with talks about your income and expenses. Once you have drafted
the budget you can negotiate with your creditors to reduce the instalment. Please
send your income and expenditure as proof that you cannot afford the current
Most creditors providers are will to
negotiate for reduced amount with consumers. Please send the following
documents to them.
stating that you cannot afford the current instalment
Budget plan (Income
3 month bank statement
If you are in process of selling you property you can ask the
bank to assist you with selling property or ask them to reduce the instalment
due to your current situation.
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