Welcome, visitor! [ Login

Post an Ad

Implement Your financial action Plan

Financial recovery January 17, 2022

Implement Your Plan

Take Action

It is time to put your plan into action once you have:

  • Evaluated your current financial situation
  • Established your financial goals
  • Developed a financial recovery plan

Seek Assistance

When you are ready to put your financial recovery plan into action, you may need assistance to help cover your monthly expenses (e.g., mortgage, rent, food, and utility bills).

 

To identify and learn about local, state, and national assistance programs:

  • Ask friends and family members if they are familiar with any assistance programs.
  • Contact your utility providers and ask about assistance programs, or visit their website for information and enroll if applicable.
  • Call 211 or visit www.211.org.
  • Look for food banks and national food assistance programs that may operate in your area.
  • Contact your local Department of Human Services or Social Services.
  • Seek referrals through your Employer Assistance Program, unemployment office, financial counselor, or financial advisor.

 

If you think you make too much money to qualify for assistance programs, do not assume! Check regardless of your income level. There are programs available that do not have income guidelines or provide benefits to those in a medium or moderate income level.

 

Additionally, you can refer to:

  • www.recovery.gov for more information about initiatives resulting from the Recovery Act
  • www.govbenefits.gov for details on the broader array of federal loan programs and to determine if you are eligible for government benefits
  • www.makinghomeaffordable.govto determine if you are eligible for programs that help you avoid foreclosure or overcome obstacles to refinancing your home loan
    • Note: you can also call your mortgage lender or loan servicer to find out if your loan is eligible. If you already know that your loan is held or guaranteed by Fannie Mae or Freddie Mac, you can contact them at 1-800-7FANNIE or 1-800-FREDDIE to see if you qualify for this program.

 

 

 

No Tags

726 total views, 1 today

  

  • Debt Collectors -Recovery Services- MA

    by on June 20, 2022 - 0 Comments

    Entity Address Telephone Bonded Collection Corporation 49 Winter Street, Weymouth, MA, 02188 (312) 279-8300 GC Services Limited Partnership  GC Services 5230 Washington Street, West Roxbury, MA, 02132 (405) 621-6414 Western Mass Credit Corp. 70 Post Office Park, Suite 7011, Wilbraham, MA, 01095 (413) 596-9977 United Collection Bureau, Inc. 15 Union Street, Lawrence, MA, 01843 (419) […]

  • Debt Collection FAQs: A Guide for Consumers

    by on June 29, 2022 - 0 Comments

    Debt Collection FAQs: A Guide for Consumers If you’re behind in paying your bills, or a creditor’s records mistakenly make it appear that you are, a debt collector may be contacting you. The Federal Trade Commission (FTC), the nation’s consumer protection agency, enforces the Fair Debt Collection Practices Act (FDCPA), which prohibits debt collectors from […]

  • Credit Counseling & Auto and Home Loans

    by on July 28, 2022 - 0 Comments

      Credit Counseling   If you aren’t disciplined enough to create a workable budget and stick to it, can’t work out a repayment plan with your creditors, or can’t keep track of mounting bills, consider contacting a credit counseling service. Your creditors may be willing to accept reduced payments if you enter a debt repayment […]

  • Job Scams: Work-at-Home Schemes

    by on June 14, 2022 - 0 Comments

    Work-at-Home Schemes Be part of one of America’s Fastest Growing Industries. Be the Boss! Earn thousands of dollars a month from home! Ads like this are everywhere — from the telephone pole on the corner to your newspaper, email and favorite websites. The jobs might be different, but the message is the same — start […]

  • Important Questions to Ask When Choosing a Credit Counselor

    by on August 1, 2022 - 0 Comments

    Important Questions to Ask When Choosing a Credit Counselor It’s wise to do some research when choosing a credit counseling organization. If you are in search of credit counseling to fulfill the bankruptcy law requirements, make sure you receive services only from approved providers for your judicial district. Check the list at www.usdoj.gov/ust/eo/bapcpa/ccde/cc_approved.htm or at […]