It’s official – the Debtfix Navigators are making a difference to the well-being of New Zealanders.
Recently, we surveyed people Debtfix has had some contact with – either big or small – and asked how things are going.
Significantly, when respondents first contacted Debtfix more than 43 per cent indicated their overall well-being was bad and now, only 16.3 per cent of respondents feel the same way.
Read MoreThe law change means any practitioner dealing in New Zealand insolvency cases must comply with the Act and be licensed, which includes debt specialists, and accountants or lawyers working in insolvency.
Debtfix co-founders Shaun Adams and Christine Liggins are both licensed insolvency practitioners.
Read MoreRight now, it feels a lot like the only holiday on the itinerary in Aotearoa is a mortgage holiday.
However, before you book into hotel deferred payment, such a lovely place you may never leave – is there an alternative destination that could be more rewarding in the long-term.
The first principle of dealing with debt is to pay it off as quickly as possible, while still achieving a lifestyle that works for you and your family.
Read MoreIf you have concerns about money you owe or money others owe your business – you need to be at this breakfast.
It's time to talk about debt openly and find solutions.
Read MoreBankruptcy is often the solution New Zealanders default to in their mind when they think there is no way out of debt, but we should think about it as a last resort rather than the first port of call.
In her 15 years of helping New Zealanders deal with financial problems, Christine Liggins can count the number of times she has advised a client to go bankrupt on one hand.
Read MoreEverything you need to know about whether you are eligible for the COVID-19 Income Relief Payment and how to access it.
Read MoreAs we all get back to work and some sense of normalcy after the uncertainty of the past few weeks, it’s time to look at how we will manage the aftereffects of Covid-19. If your business is struggling to make debt repayments right now, you may want to consider the business debt hibernation (BDH) scheme.
Read MoreWhen dealing with an international pandemic, it’s not so easy to present a strategy one day and expect it to be perfect or the same the next day.
Covid-19 is a challenge for everyone, whether families are coping with children, people are dealing with fears of serious illness or those living on a tight budget are now bewildered about their financial future.
Read MoreThese are inevitably and unavoidably going to be difficult and challenging times for all businesses, from one-man bands through to large corporate organisations. The key to survival of any business will be dependent on many factors, but principally the decisive first steps and actions of management and owners in the early stages of the crisis.
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