Debt mediator
A debt mediator is a professional who helps you when you are no longer able to settle your debts independently. You can appoint this person yourself as part of a amicable debt mediation or you are assigned by a court in collective debt settlement proceedings.
This can be an employee of the CPAS, a lawyer or someone from a recognized organization. The debt mediator will work with you and you creditors towards a viable solution, such as a installment plan.
In certain cases, the debt mediator can also provide a collective debt settlement applications to the court. This is a legal procedure that is intended to provide structural help to people with problematic debts.
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