Assistance with debts and debt restructuring

Questioner

I am 5 months pregnant and still have a 12 hour job. I have my own house but I can no longer afford it. I had my own company but I asked for help from debt counselling. What is the best thing to do? Declare bankruptcy or seek debt counselling. Follow up. What now?

Lawyer

I think the best thing to do is to contact the municipal credit bank in your municipality as soon as possible. In addition, it is most sensible to enter into debt restructuring. This can be done amicably, the gkb will then mediate for you with the creditors. In three you can then be free of your debts. If it is not possible to make agreements about the repayment of the debts in this way, the statutory debt restructuring for natural persons is still possible. The gkb can also provide you with more information about this.