List, what beliefs led to the fact that you were in debt. Internal beliefs drive our actions. Consider, where did the debt and that you then believed was right.
Write what to change these beliefs. They need to change, not to make new debt. Define the other rules of the game, which will adhere to.
List the fixed expenses. It is necessary to have a clear idea how much money monthly will have to pay. Now do not consider debt. Just ongoing operating costs. To debts are not accumulated, these amounts must be repaid with each receipt of money. Record rent, transport costs, food costs and other necessary for life payments. Clearly define boundaries, which will not go.
Get a refund from the debtors. Remember who keeps you in suspense. Meet and talk seriously. Assign a specific deadline. Make periodic partial payments.
Talk with creditors. Come meet the difficulties. These conversations can seem unpleasant. But people will see that you are not avoiding their obligations. Tell me honestly that will be able to pay in parts.
Follow the 50/50 rule. From each paycheck pay an amount calculated at the 3rd step. Then the remaining money divide into 2 parts. One of them use to pay off debts. The second save. This will allow you both to get out of debt, and to feel confidence in the future in connection with the growth of savings.
Raise the bar higher. Demand from yourself more income. Looking for new opportunities. Develop your skills. Do it as fast as you can.
Don't blame myself or circumstances. Not looking for sympathy. Negative emotions will not help you to eliminate debts.
Show discipline. The system will help to bring the case to the end. Even collect receipts from purchases of food. Monitor all cash flows.
Advice 2: How to repay the debt under the rent
According to the Housing Code of Russia the renter and family members residing with him in the same area, you can be evicted if the debt under the rent exceeds six months. To avoid this, the owner, has accumulated such a debt, should know how to extinguish it, to avoid negative developments.
The problem can be solved in several ways. For a start find out, whether you are not entitled to the subsidy for payment of services provided by public utilities. The subsidy can significantly reduce the utility costs.
Please contact utilities with the requirement to provide you with the total amount of debt including interest. In addition, find out which services were provided in the period for which you are listed funds, as well as their cost. So you will be able to exclude from debt extra payments for work not carried out.
Make an agreement to restructure the debt to obtain payment of the entire debt in several stages. If you are eligible for a subsidy, the payment plan will be required when it is received.
If you could negotiate with utilities on a partial repayment of the debt, pay the first interest amount that had accumulated by this time, and only then proceed to the payment of the principal debt. Due to the fact that the balance of the debt interest is not re-charged, you will be able to repay the full amount with minimal monetary loss.
If you have inherited flat with a very large debt on a rent then you will have to pay only the amount that has been accumulated over the last three years. This is due to the fact that the Statute of limitations of debts for the provision of public services is only three years. To begin to pay the debt in three years, divide the total debt by the number of months of repayment.
If the area of your apartment is very large, and the debt of rent is a huge amount, exchange them for a smaller size with an additional charge. The difference from the sale you will be able to repay their debts. So you get rid of debt and get a new home, the contents of which you will be able to master.
To avoid large debts under the rent will timely pay all available utility bills. Funds for services must be submitted by the tenth day of the following month.