Creditor Action Plan
If you expect to have problems making payments to your creditors, it is important to develop a plan before you get into serious trouble. The most important first step is to
- Notify your creditors before you get behind. Oftentimes you can work out a plan to continue payments at a reduced rate. Sample Letter >>
- Write out all of your monthly expenses and all of your monthly income. Decide how much you can pay to each bill. Continue to pay what you can and stay in touch with your creditors.
- Contact the court regarding child support or alimony payments.
Creditor Worksheet
| Account With |
Account Number |
Monthly Payment
& Total Owed |
Contact, Address
& Phone |
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