23 Mar Maternity Leave Extended – No Pay
Our financial struggles started not long after my wife left work on Maternity Leave for the birth of our second daughter. She had not been at the employer for long enough so she was not entitled to Paid Maternity Leave.
Our income dropped dramatically down to my one wage coming into the home and having all of our living expenses and current debts. This was impossible as my wage did not stretch far enough, we were under pressure.
Debt is Growing – Not Shrinking
My wife went and spoke to some of our creditors and under pressure we took out some short-term loans to assist with catching up with the bills. This really caused us more problems and the debt mountain grew higher, and now they started to get into arrears.
She spoke with the team at Active Debt who have negotiated with the creditors and we now have one payment that we can manage. She has had the baby now and has a small part-time job which is helping to pay the Debt Agreement faster.We do not want to file for bankruptcy which was beginning to be the only way out, both of us are committed to wiping of the arrears and bringing our payments back into a manageable amount.