The fact that others have gone along with your repayment schedule will allay suspicions and fears that you are trying to swindle anyone. If you are genuine and honest in your approach, most creditors will accommodate. The other thing is that if an arrangement is agreed to with your creditors don t let them down. Stick to it. Remember, you are not going to get rid of your debts by simply running away from your creditors.
Many people simply ignore demands for payment and dig themselves into a deeper hole each day.
The fact is, the problem will not go away and you will risk being taken to court with all the stress and worry that that will generate if you do not do something about it. The only way you are going to avoid the kind of stress that will come is to negotiate something sensibly and honestly with those to whom you need money. You should seek advice from a professional adviser before relying on any of this information. This information is provided to Telstra by its licensors. Telstra has not checked the accuracy of the information and does not endorse the information, nor does it or its licensors accept any responsibility or liability for the accuracy of any information contained on this site.