Why you need to know the difference between writing off a debt and a debt waiver

If you have a debt and can't pay it, you can access a financial counsellor from Better Place Australia to go into mediation for you. This is a free service if you live in one of the many funded areas in Melbourne and Geelong. The outcome could be a debt write off or a debt waiver.

They sound the same but there is a significant difference, that you need to be aware of.

Listen to this short podcast, Why you need to know the difference between writing off a debt and a debt waiver, with Better Place Australia financial counsellor, Christine, who shares the difference between a debt write off and a debt waiver, and what each of them means for you.