Many people borrow from the bank to finance a life project. Despite all the precautions that can be taken to avoid worries, however, no one is immune to a particular financial worry. If the first solution was to do a credit consolidation or a credit buy-back, it happens that some people cannot get their heads out of the water. The last resort would then be to mount a file of over-indebtedness. Here is a little practical guide to find out what awaits you when you have to file your over-indebtedness file.
The different elements to constitute an over-indebtedness file
To avoid over-indebtedness, there are a few solutions, to mention only the repurchase of credit. Nevertheless, it is not always easy to avoid the accumulation of borrowing in certain situations. If you are then unable to get out of a precarious debt situation, you always have the possibility of seizing the over-indebtedness commission. To do this, you will need to compile your over-indebtedness file, the main elements of which must be included:
- A written and signed letter setting out the various causes of over-indebtedness, your personal and family situation, as well as your background and your current project
- Photocopy of your identity document, such as a CNI or a passport
- A proof of your personal or family situation, such as your family record book or your divorce judgment for example
- Proof of your resources, income and assets, namely notifications of rights to the various allowances or financial aid you receive, the latest pay slips, proof of pension amounts, etc.
- Documents attesting to your charges, including tax notices, rent receipts
- Documents assigning your debts, such as credit statements and unpaid invoices among others
What you need to know is that your over-indebtedness file must bring together all the information concerning your exact situation. Once you have completed it, you can submit it to the secretariat of the Over-indebtedness Commission nearest to you or send it by registered mail with acknowledgment of receipt. In order to avoid having to face this kind of situation, here are some good tips for knowing how to repay your debts.
The declaration of over-indebtedness
To build a file of over-indebtedness, it is possible to do it yourself or ask for the support of a social worker. The latter does indeed have more extensive knowledge of the steps and procedures to follow in such situations. Their support will then be of great help to you. Apart from that, you should also know that to complete your over-indebtedness file, you will have to fill out an over-indebtedness declaration form.
This is the cerfa form n° 13594*01, available online free of charge, as on the Banque de France website. You will also find an explanatory note that will allow you to better understand how to fill out the form. In this declaration of over-indebtedness, you will have to attach the documents on the various procedures in progress with your creditors, as well as those confirming the rental eviction procedure targeting the person concerned. As for the letter you will have to write to enter the Over-indebtedness Commission, you should also know that models are available online. These models will allow you to write the letter correctly, while mentioning all the essential and essential information for the reception, as well as for the study of your file.
Once your file is complete and filed with the Over-indebtedness Commission closest to you, you will have to wait 48 hours before receiving the certificate confirming the filing of your file. The study of your file may take a few weeks to 3 months.
