There are many reasons why people get into debt but if you are affected by the diagnosis of a life-threatening or life-limiting illness, it could cause a loss of salary or separation from a partner. It can mean that you struggle to pay your household bills and debts so having to adjust to such a financial change can be very daunting and overwhelming and often, some clients of Legacare get to the stage that they stop opening mail because they simply can’t face the ordeal of the challenge.

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We are delighted to be able to say that we can help you if you have been diagnosed with a life-threatening/life-limiting illness.  With your consent, our approach is to write to all of your creditors to explain to them the reason for your inability to pay some or all of the bills off.  As a person affected by a life-threatening or terminal illness you are classed as a vulnerable person and financial institutions and creditors must take this into account.  They will ask for details of your income and expenditure (which we can help with) before deciding what course of action they will take.  Sometimes they will write-off the whole of the debt; sometimes they will freeze the interest on payments.  We can work out a debt solution on your behalf, such as a debt management plan; arrange token payments (which is useful as a means of temporary support until your situation improves) or an individual voluntary arrangement (IVA).  By entering into such an agreement it could:-

• Stop interest and charges.

• Limit monthly repayments.

• Provide freedom from creditors’ demands and harassment.

• Protect your assets such as your home and car.

• Help to avoid bankruptcy.

Everybody’s situation is different, so depending on your particular circumstances, we will aim to get the best solution for you.