Client Monthly Budget
Client ID: Client: Co-Client: Essential Monthly Expenses Budgeted Expenses Current
Counselor:
Budget Additional Note Proposed Adj
Monthly Housing Expenses
Drive-First Drive-Home Equ Drive-Third Property Tax Gas & electric Telephone Water/Sewer Household Expenses Groceries Transportation Car Registration Insurance Gasoline Public Transportation Child Care/Spousal Support Day Care/Sitting Spousal/Child Support Other Medical Premium Medical – Other Emergency/Music Savings Cable Service Cell Phone Internet Credit cards Total Other Debts (Client Pays Directly) Debt Budget Current Reduction Notes Reductions
Bus /Subway fares Misc
(If paid out of pocket) (Other out of pocket medical expenses) Begin to build a savings account for any unexpected expenses. phone Bat:
(Average) Cell only
$0 Additional Proposed Adj
Total
$0
$0
$0
$0
Also includes trash Grocery/Houshold supplies are based on an avg of $275/mth for a single adult and $125/mth child age 12 and under. 2adults avg $500/mth/couple national aver $1000 Transportation costs should not exceed 15% to 25% of net income.
Normal clilent service hours are Monday through Friday 8:30 AM to 6:30 PM PST LA, CA 9000 Address: 880 W 1St, #610 Tax: 866-402-8866 Fax: 213-625-8804 Website: www.collectionsimple.com Email: info@collectionsimple.com
Honeowner Action Plan
Client ID: Homeowner: Co-Homeowner:
Homeowner’s Financial Concerns Budgeting and Money Management Mortgage Delinquency Budget Assessment Summary Total monthly net income Less minimum living expenses Less debt repayment amount Less private debts Budget surplus (Deficit) Source to Make up Deficit:
Counselor:
Proposed Financial Solution: Part Time / Additional Employment Implement Budge / Peduce Expenses Action Staps: In regards to your mortgage situation where you were laid off from to , here are some recommendations on your current situation. 1) Increase overall household income with extra hours and a second jobs. 2) Keep mortgage a priority. Eliminate non essentials, enquire into lower rates for your car insurance. 3) Advised of foreclosure timeline and fees that may apply. If financial/mortgage situation does not improve, find affordable housing. Referred to for possible repayment plan or loan modification. Provide the servicar with proof of income and hardship letter as soon as possible. Expect contact within 5-10 business days. Advised to stay in contact with lenders. 4) Once mortgage is resolved, start a savings of 10-15% net income for miscellaneous and unexpected expenses. For further assistance, call CollectionSimple 866-402-8866. _It is recommended that you take CollectionSimple on line course “The Power of Paycheck Planning”. This is a valuable too that will help guide you to financial success. Go to www.collectionsimple.com rial. You may also request this material be mailed to you by contacting CollectionSimple 866-402-8866. Actions Taken: Assessed Problem and Solutions Budget Development Developed Action Steps Recommendations: Referred client to outside resource.
Normal clilent service hours are Monday through Friday 8:30 AM to 6:30 PM PST LA, CA 9000 Address: 880 W 1St, #610 Tax: 866-402-8866 Fax: 213-625-8804 Website: www.collectionsimple.com Email: info@collectionsimple.com