{"id":11215,"date":"2016-10-12T08:32:12","date_gmt":"2016-10-12T08:32:12","guid":{"rendered":"https:\/\/multicredit.ch\/wp\/le-desendettement-comment-ca-marche\/"},"modified":"2025-01-28T08:08:27","modified_gmt":"2025-01-28T08:08:27","slug":"debt-relief-how-does-private-deleveraging-work","status":"publish","type":"post","link":"https:\/\/multicredit.ch\/en\/debt-relief-how-does-private-deleveraging-work\/","title":{"rendered":"Debt relief: how does private deleveraging work?"},"content":{"rendered":"

<\/span>Entrust the management of your debts<\/span><\/h2>\n

Private deleveraging consists essentially in entrusting the management of your debts to a third party, generally a debt relief company. In pactical terms:<\/p>\n

    \n
  • An advisor helps you to determine a monthly budget that leaves enough money to live.<\/li>\n
  • You transfer each month a defined amount of money to the debt relief company. This amount will be used to deleverage your debts.<\/li>\n
  • The company manages your debts<\/b>. This includes: negociating with your creditors, defining payment priorities, handling incoming and outgoing correspondence, …<\/li>\n<\/ul>\n

    <\/span>Why use a debt relief company?<\/span><\/h2>\n

    In some cases, it is possible to achieve private deleveraging without help, by establishing a rigorous budget. However, a good debt relief advisor provides some additional benefits:<\/p>\n

      \n
    • A single contact person which is aware of your personal situation and here to advise and inform you when needed.<\/li>\n
    • The possibility to spare money<\/b> on interests, unpaid bills, … Indeed, a good advisor will negociate directly with your creditors to get freezing\/reduction of interests or write-off of residual debt for example.<\/li>\n<\/ul>\n

      Most importantly, you can end the cycle of mailbox’s fear<\/b>. Every payment reminder, prosecution threat, etc, will come directly to the debt relief company which will manage this difficult correspondence for you.<\/p>\n

      <\/span>What cost?<\/span><\/h2>\n

      The companies offering a private deleveraging service do not work freely. Thus, a small part of the money transfered monthly is kept as payment. However, the saving made as a result of negociation with the creditors is generally much larger than the cost of the service itself<\/b>. The experience of the advisor will determine the saving made on the creditors.<\/p>\n

      <\/span>Choose the right solution<\/span><\/h2>\n

      In fact, enstrusting the management of your debts can offer real relief. However, it is appropriate to remain vigilant in order to choose a trusted partner. MultiCredit, for example, offers the possibility to meet a specialist in debt relief. Get a free, non-binding, and 100% confidential appointment with a specialist.<\/p>\n","protected":false},"excerpt":{"rendered":"

      Each year in Switzerland, many households fall into an over indebtedness situation. There can be a variety of reasons: unexpected expenses, accident, dismissal, divorce, or any situation change. In such cases, some companies offer debt relief solutions. What are those solutions exactly? How does private deleveraging work? Explanation.<\/p>\n","protected":false},"author":4,"featured_media":11209,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[252],"tags":[542,543],"class_list":["post-11215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-various","tag-desendettement-en","tag-dettes-en"],"_links":{"self":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts\/11215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/comments?post=11215"}],"version-history":[{"count":3,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts\/11215\/revisions"}],"predecessor-version":[{"id":27927,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts\/11215\/revisions\/27927"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/media\/11209"}],"wp:attachment":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/media?parent=11215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/categories?post=11215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/tags?post=11215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}