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● If you have bills that you cannot afford
to pay, it is NEVER a good idea to
avoid creditors.
● There can be serious consequences,
and worse problems than UNPAID
BILLS.
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Avoiding creditors for too long will cause
services to stop being rendered
One problem you may face is losing services and
possessions.
SAMPLE:● If you do not pay your utility bills, the company may
turn off your utilities.
● Ignoring bills like your car payments can result in
losing your car.
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Ignoring Collection Letters Can = Legal
Action Against You
● If it reaches this point, you will either pay the overdue bills or
surrender your assets to cover the debt.
● If you die before your debt is paid, your assets can be taken. This can
include assets you intended to leave to family members after you die.
● Your loved ones may not receive everything you leave for them in your
will if you owe money to creditors.
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● Simply avoiding creditors is not in your best interest.
● Regardless of your situation, you can prevent
unnecessary problems by taking action. Even if you
cannot pay your debts immediately, taking action means
you are responsible.
● You will benefit today, and in the future.
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RESOURCES:
For more information http://www.newhorizon.org/credit-info/whats-going-to-happen-if-you-try-
to-avoid-creditors-for-a-long-time/
Debt Consolidation Serviceshttp://www.newhorizon.org/Info/debtconsolidation.htm