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You don’t have to struggle with debt on your own, there is help available

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You don’t have to struggle with debt on your own, there is help available Bright Day Finance

Debt problems can cause an awful amount of stress, sleepless nights, arguments with partners, depression and even suicidal thoughts.


A survey conducted this year that explored the impact debt has on a person’s mental health stated that lots of people who were struggling with mortgage arrears contemplated suicide or turning to alcohol.


According to the news The Irish Mortgage Holders Organisation and clinical psychologist Dr Eddie Murphy conducted the survey and questioned 488 people aged 29-70 years who are in debt.


The survey found that:

44% of respondents said they felt depressed either all of the time or most of the time

31% have had suicidal thoughts in the last four weeks

22% had active plans to kill themselves

45% of people indicated harmful levels of alcohol use


The results of this survey are very sad to see, its terrible that people are still suffering to this extent due to debt problems, we now have lots of solutions available to help any indebted person clear some or all of their debt.


There is always a solution to a debt problem and anyone struggling with debt needs to ask for help straight away. Free debt advice is available from lots of organisations and we can also arrange a Free appointment with a Debt Advisor or Personal Insolvency Practitioner who will be able to give Free Debt Advice to anyone worried about debt in Ireland.


If you know anyone struggling with debt please make sure they speak to a Debt Advisor or Personal Insolvency Practitioner as they can get the help they need with one phone call.


No one should be ashamed of being in debt as there are so many people who have struggled with debt at some stage of their life, the most important thing to do is to get help, don’t ignore the problem as it will just get worse.


One lady who contacted us this year now has a debt settlement solution in place which gives her affordable monthly payments. She was struggling with lots of debts and a high mortgage payment due to a relationship breakdown.


We arranged a Free appointment for her with a Personal Insolvency Practitioner and now she has had some of her credit card debt written off and part of her mortgage which was affordable has been write down also.


Her Personal Insolvency Practitioner held her hand through the whole process and deals with all her creditors for her at the moment and she is not worried about debt anymore and a huge weight has been lifted from her shoulders. This is one example of how a quick chat with a Debt Advisor or Personal Insolvency Practitioner can solve a debt problem.


It was reported in the news this year also that Irish households are the fourth most indebted in European Union and the average amount of household debt per person in Ireland is now €31,216. These households need to make sure they ask for help if they start to struggle paying this debt back.


We have lots of debt solutions available to help clear different type of debts and lots of insolvent people are getting their debt written off now which is brilliant to see.


If you are struggling with debt and are receiving lots of calls and threatening letters from your credit card or loans companies then please don’t ignore the situation, give us a quick call on 01 4434125 or request a free call back through our website and you will receive Free Debt Advice today!


R.McGonnell 26th September 2016






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