• Discharging Liabilities (Debt)

  Discharge debt after making partial payments

  Posted by aaron_thomas on November 14, 2022 at 4:29 pm

  Hi,

  Can you still discharge a debt if you’ve made some payments? The debt and partial payments are with a debt collector not the original company.

  • This discussion was modified 2 years, 7 months ago by  aaron_thomas.

  morag-janet-of-the-hill-family replied 2 years, 7 months ago 2 Members · 3 Replies
• 3 Replies

• 

  morag-janet-of-the-hill-family

  Member

  November 14, 2022 at 5:47 pm

  If you have started making payments to a debt collector then you have agreed to their offer. It would be more difficult t stop those payments as you have agreed by your performance that they have a valid claim. If approached in the future by debt collectors for any other debts they are claiming, there are ways to stay out of contract with them.

  • 

    aaron_thomas

    Member

    November 14, 2022 at 5:50 pm

    Thanks for the reply morag-janet, I thought that would be the case.

    Could I settle the debts using a credit card and then discharge the credit card?

    I’m not that worried about the debt as the agreement is only $5/fortnight due to financial hardship and won’t be payed off for another 8 years.

    • 

      morag-janet-of-the-hill-family

      Member

      November 14, 2022 at 7:17 pm

      If you purchase Module 3; 10 ways to Discharge Debt, it might give you a few options.

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