The crisis of municipal debt to water boards may lead to some of the entities being bankrupt. As of June this year the municipal debt to water boards is at over R22 billion with an average increase of 151% between 2019 to 2024. Some of the boards for example the Vaal Central Water and Magalies Water, face bankruptcy in the next six to 12 months.
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.
Avoid debt consolidation traps and protect your finances.
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Mary Castillo shares how her desire to help others led to a career as a financial educator and credit counsellor at the Credit Counselling Society.
The Saskatoon Industry-Education Council (SIEC) is a bridge between Saskatchewan’s career opportunities and Saskatoon area youth. Through a partnership among business, secondary and post-secondary schools, unique hands-on career exploration events and programs are designed and delivered to students, helping them find a career that connects their passion and natural talents with current and future workforce needs.
This video contains the highlights of the financial webinar conducted by KCLau.com, featuring financial planner Ng Ka Hoe.
What you will discover in this video:
?? What is debt consolidation?
?? Balance Reducing Interest Vs. Fixed-Rate Interest
?? The Priority of debt consolidation
?? The MND Calculator
Check out the full training here:
https://kclau.com/webinar/free-your-monthly-cash-flow-through-the-power-of-debt-consolidation/
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For more personal finance hacks, download my ebook packed with 44 money tips. It is free, and I’ll pay you RM5 if you can’t find anything useful by reading it for 15 minutes:
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Want to learn more from KCLau?
Follow these steps:
1. SUBSCRIBE TO THE CHANNEL:
https://youtube.com/user/KCLauMoney
2. Check out my Money Tips video series:
https://www.youtube.com/playlist?list=PLXwP4uEpWHZFHQCyTePz6U_yQ9lHscz_t
https://www.facebook.com/pg/kclaumoney/videos/
3. FOLLOW KCLau:
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4. TELL ME WHAT YOU WANT:
Tell me in the comments if you liked this video and what other kinds of videos you would like to see.
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London Premier Centre, the UK training Provider provides short training courses in London, Dubai, Paris, Istanbul, Madrid, Barcelona, Amsterdam, Geneva, Cairo, Tunisia, Munich, Rome, and Los Angeles.
Accounting Finance and Budgeting Training Courses
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Debt Counselling
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THIS BLOG GOES LIVE ON MONDAY, JUNE 17, 2024 AT NOON
What Happens to Credit Card Debt When You Die? | Financial Insights Revealed
Ira Smith Trustee & Receiver Inc.
167 Applewood Crescent #6, Concord, ON L4K 4K7
(647) 799-3312
VISIT THIS SITE:
https://irasmithinc.com/blog/what-happens-to-credit-card-debt-when-you-die/
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**Title:** What Happens to Credit Card Debt When You Die? | Financial Insights Revealed
#CreditCardDebt
#DebtAfterDeath
#FinancialPlanning
#EstatePlanning
#DebtManagement
#CreditCardTips
#FinancialAdvice
#MoneyMatters
#DebtRelief
#LegalAdvice
Have you ever wondered what happens to credit card debt when you die? This eye-opening video delves into the intricacies of debt after death, exploring how it’s handled and who becomes responsible. Whether you’re planning your estate or simply curious, this video provides the essential knowledge that could save your loved ones from unexpected financial burdens.
In this video, you’ll learn:
– **Estate Responsibility:** Discover how an estate is used to pay off debts and what assets are considered.
– **Surviving Family Members:** Understand the legal implications for spouses, children, and other family members.
– **Credit Card Companies:** Get insights into how credit card companies pursue debt recovery.
– **Preventive Measures:** Tips on how to manage your debt to prevent complications for your heirs.
???? Read the full blog post here: https://irasmithinc.com/blog/what-happens-to-credit-card-debt-when-you-die/
???? Subscribe for more insolvency, debt and money tips: https://youtube.com/@Torontobankruptcytrustee?si=Fx1DJsIJu7_QD3FN
???? Like this video if you found it helpful
???? Hit the bell icon to get notified of our latest videos
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CLICK ON THIS LINK:
https://irasmithinc.com/blog/what-happens-to-credit-card-debt-when-you-die/
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What happens to credit card debt when you die? This critical question affects everyone, yet it’s often overlooked until it’s too late. In this video, we dive deep into the shocking truth about what happens to your credit card debt after death. We’ll explore the legal and financial implications, what your family might face, and how you can plan ahead to protect your loved ones. You’ll learn about the probate process, how debt collectors operate, and the potential impact on your estate. We provide clear, actionable steps to manage and mitigate these challenges, ensuring your family isn’t left with unnecessary financial stress. Whether you’re planning your estate or dealing with the aftermath of a loved one’s passing, this essential guide offers valuable insights and practical advice. Watch now to arm yourself with the knowledge needed to navigate this complex issue and secure your family’s financial future. Don’t miss out on these crucial details—your peace of mind depends on it!
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Licensed Insolvency Trustee, LIT, LIT Ontario, Licensed Insolvency Trustee Ontario, Licensed Insolvency Trustee Toronto, Licensed Insolvency Trustee Vaughan, Licensed Insolvency Trustee Aurora, Licensed Insolvency Trustee Woodbridge
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VISIT THIS SITE:
https://irasmithinc.com/blog/what-happens-to-credit-card-debt-when-you-die/
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Here is a video that I like:
Credit Card Debt After Death: Who’s Responsible?
Bethel Law
4.83K subscribers
2.9K views 1 year ago
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This one mindset shift could completely change how you approach debt review. We sat down with @Datanamix at the DCASA conference. watch the full discussion https://www.youtube.com/watch?v=hNLy-hQ6HiQ&t=190s – #debtreview #debtcounselling #intuitivediscussions #podcast #consumereducation #financialeducation #knowledgeispower
For more information, visit our website https://geldfiksheid.co.za/
Telephone : 087 655 0510
Email: martin@geldfiksheid.co.za
Debt counseling is a regulated process whereby a Debt Counselor negotiates, on your behalf, with all your creditors, to have the term of each credit agreement extended and the installments reduced. Your Debt Counselor may also appeal to your creditors to reduce the interest rate/s on your credit agreements so that you can afford to pay off all your debt as soon as possible.
Since 2007 when debt counseling was introduced by the National Credit act (NCA) about 402 000 consumers have applied for debt counseling, over R10 billion has been paid to credit providers by consumers in debt counseling, and every month about R255 million is collected from consumers in counseling and paid over to their creditors. It is estimated that 110 000 consumers are in debt counseling.
The DCC is designed to provide over-indebted consumers with an alternative to the traditional remedies for defaulting on your debt: administration and sequestration. It is our heart of debt counseling to rehabilitate and empower the over-indebted consumer.
Our process includes protecting you from harassment from your creditors and the loss of crucial assets. Unlike sequestration whereby you must apply to a high court for a rehabilitation order, you can be rehabilitated as soon as the debt counseling process is terminated – with no negative listing remaining on your credit record.
The Video and Information is the property and copyright of its rightful owner.
Copyright under the Copyright Act 98 of 1978, the Companies Act, 2008 No 71 of 2008 and the Intellectual Property Act.
http://www.cipc.co.za
No allowance is made for “Fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, or research.
????You should consider debt counselling if you are: Struggling to afford your monthly debt repayments? Feeling overwhelmed by creditors? Debt counselling might be the solution you need! In this video, I break down why debt counselling is a smart choice for South Africans who are drowning in debt.
???? What You’ll Learn in This Video:
? What is debt counselling?
? How it protects you from creditors & legal action
? How it reduces your monthly payments & interest rates
? How it helps you become debt-free!
? Take Control of Your Finances Today!
? If you’re in debt and need help, don’t wait until it’s too late.
Debt counselling is a legal and structured way to regain financial freedom.
???? Got questions about debt counselling? Drop them in the comments below!
???? Don’t forget to LIKE ????, SUBSCRIBE ????, and SHARE this video with someone who might need help!
Email: jacques@debtwipe.co.za
Website: debtwipe.co.za
WhatsApp: 073 285 4196