Personal Financial Assessment Balance PRO

Personal Financial Assessment Balance Pro-PDF Download

  • Date:25 May 2020
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BALANCE offers financial information and counseling nationwide. to help individuals and families make the most of their money We. offer solutions for those experiencing a financial crisis suggestions. and guidance for those facing money challenges and practical. information for those considering financial opportunities Each. year we help thousands achieve their financial goals. During this call you can expect to receive thorough non judgmental. counseling The session will include a discussion of your current situation. and your concerns including a review of your income expenses and. debt an explanation of your options and an action plan. If you are having trouble keeping up with your bills one of your. options might be consolidation of your bill payments Our Debt. Management Plan allows you to make one payment to all your. creditors through us We will also negotiate with your creditors to. stop collection action lower payments and in some cases reduce. or eliminate interest and fees, Please use this worksheet to record your existing financial situation There is no need to mail this form back to us During the call the. counselor will ask you what you entered for each category and will use this information to offer solutions and suggestions to help you master. your money Calculate your monthly income Please enter your gross pay before taxes and other deductions and your net pay face value. of your check Include variable income received each month such as commissions as well as periodic income such as a large tax refund or. bonus This will have to be divided by 12 to get the monthly figure. Monthly income Gross income Net income Partner s gross Partner s net. Income source employer,Part time employer second job. Retirement pension,Child support alimony,Social security. Food stamps,Unemployment insurance,Support from family friends. Rental income,Other income variable or periodic,Other income variable or periodic.
Total monthly income, Assets liabilities Present value Amount owed Monthly payment. Home Mortgage,Second Mortgage,Other Mortgage HELOC. Vehicle Payment 1,Vehicle Payment 2,Property Land,401 k 403 b Loan. Other Payments e g vessel RV timeshare,additional vehicles etc. Total assets liabilities, Other investments Present value Monthly contribution Proposed contribution.
401 K 403 b contribution,Savings account,Money market stocks CD. Cash value life insurance,Total other investments, Don t forget to include your payroll deducted 401 k 403 b contributions. Monthly Expenses, For all categories that apply to you enter the monthly amount you spend Many expenses fluctuate each month and will need to be averaged. Other expenses may be periodic such as insurance vehicle registration and taxes Calculate the annual amount and divide by 12. Housing Current Proposed Miscellaneous obligations Current Proposed. Mortgage rent Federal tax repayment,2nd mortgage equity line State tax repayment. Homeowner s renter s Student loans,Union dues,Property taxes.
Child support alimony,Condo fees HOA dues,Home maintenance Personal. Lawn garden pool,Beauty barber,Monitored alarm,Clothing jewelry. Gas electric averaged,Cosmetics manicure,Water sewer garbage. Laundry dry cleaning,Landline cell phone,Cable satellite Entertainment. Movies concerts theater,Food Books magazines,newspapers.
Groceries household items CD DVD,Food at work school Sports hobbies. memberships,Dining out,Vacations travel,Alcohol cigarettes. Miscellaneous,Childcare daycare,Doctor chiropractor babysitting. Optometrist lenses Tuition lessons,Dentist orthodontist Pet care. Prescriptions Storage fees,Health dental vision Banking fees.
Life disability insurance,Holiday birthday gifts,Transportation Charity religious. contributions,Vehicle payment 1 Other,Vehicle payment 2 Other. Auto insurance Other,DMV registration Other,Gasoline oil Other. Maintenance repairs Other,Public transportation tolls. parking Savings,Emergency misc Savings,Current Debts.
Please list all unsecured debts with balances over 100 Do not include mortgage vehicle or student loans List these loans in the appropriate. categories on the previous expense information page Please have your current creditor statements available during your counseling session. Name of creditor Account number Months late Current balance Current payment Interest rate. Please read the following statements carefully At the time of your counseling session your verbal acceptance of this agreement. will be requested, 1 I understand BALANCE will provide a personal money 5 I hold BALANCE its employees agents and volunteers harmless. management consultation after which I will receive a written from any claim suit action or demand of my creditors myself or. action plan consisting of recommendations for handling my any other person resulting from advice or counseling. finances possibly including referrals to other services or 6 I understand that unless I choose to opt out the agency will. agencies as appropriate if asked by my creditors verify my appointment as well as the. 2 One of the possible outcomes of the consultation may be date and results of that appointment I further understand that I. to repay my creditors through a Debt Management Plan I have the right to opt out of having this information shared by. understand that BALANCE and its affiliate companies receive calling the BALANCE opt out line 888 440 4663. funding from those creditors and that the Debt Management 7 If referred by a financial institution I understand that. Plan serves the dual role of helping me repay my debts and the results of the session will be shared with my referring. helping creditors collect the money owed them institution so that they may offer other services to assist me in. 3 A counselor may answer questions regarding financial issues achieving my financial goals. but not give legal advice 8 I authorize the agency to access my credit report for account. 4 At some point in the future information discussed in the verification and for confidential research in the future I. counseling session or obtained from my credit report may be understand these reports being accessed will not have a. used for confidential research and or a neutral third party may detrimental effect on my credit score. contact me to request an evaluation of the agency s services. WHAT DOES BALANCE DO WITH YOUR,FACTS PERSONAL INFORMATION. Financial companies choose how they share your personal information Federal law givesconsumers the right. WHY to limit some but not all sharing Federal law also requires us to tell you how we collect share and protect your. personal information Please read this notice carefully tounderstand what we do. The types of personal information we collect and share depend on the product or service youhave with us This. information can include, WHAT Social Security number name address assets income and expenses. Credit information and credit history information from credit reporting agencies. Account balances payment history transactions and usage. All financial companies need to share non public personal information to run their everydaybusiness In the. HOW section below we list the reasons financial companies can share their non public personal information the. reasons BALANCE chooses to share andwhether you can limit this sharing. Reasons we can share your personal information Does share Can you limit this sharing. For our everyday business purposes, such as to process your transactions maintain your account s respond Yes Yes. to court orders and legal investigations or report to credit bureaus. For our marketing purposes to offer our products and services to you No N A. For joint marketing with other financial companies No N A. For our affiliates everyday business purposes, information about your transactions and experiences.
For our affiliates everyday business purposes,information about your creditworthiness. For nonaffiliates to market to you No N A,Call 1 888 440 4663 our menu will prompt you. through your choice s,PLEASE NOTE,If you are a new customer we can begin sharing. To limit our your information 5 days from the date we sent this. sharing notice When you are no longer our customer we. continue to share your information asdescribed in,this notice. However you can contact us at any time to,limit our sharing.
Call 1 888 456 2227 or go to,www balancepro org,Who We Are. Who is providing this notice BALANCE,What We Do, How does BALANCE protect To protect your personal information from unauthorized access and use we use security measures that. my personal information comply with federal law These measures include computer safeguards and secured files and buildings. We collect your personal information for example when you. How does BALANCE collect Provide it orally in writing via hard copy or web forms. my personal information Provide permission for us to access your credit report. Authorize a third party to provide it,Federal law gives you the right to limit only. Sharing for affiliates everyday business purposes information about your creditworthiness. Why can t I limit all sharing Affiliates from using your information to market to you. Sharing for nonaffiliates to market to you, State laws and individual companies may give you additional rights to limit sharing. What happens when I limit sharing for an, The information shared on that account will be limited.
account I hold jointly with someone else,Definitions. Affiliates Companies related by common ownership or control They can be financial and nonfinancial companies. Nonaffiliates Companies not related by common ownership or control They can be financial and nonfinancial companies. Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you. Other Important Information, We will not be able to assist you with a Debt Management Plan if you do not provide us your consent to shareinformation with your creditors We may. also disclose any non public personal information about you or formercustomers to anyone as permitted by law for instance if we are compelled by. legal process even if you haveopted out,Privacy Policy in Practice. We are committed to the privacy of our clients We realize that the concerns you bring to us are highly personal in nature and assure you that all. information you share with us will be managed within legal and ethical considerations. Your nonpublic personal information such as your debt income living expenses and other information concerning your financial circumstances will be. provided to creditors and others only with your authorization. Opting out You may opt out of disclosures of your nonpublic personal information during your counseling session or by calling 888 440 4663 If you. choose to opt out we will not be able to answer questions from your creditors If at any time you change your mind and wish to opt in to disclosure you. may call us at 888 440 4663, Release of information to third parties If you have not opted out we may disclose some or all of the information that we collect to your creditors or. third parties where we have determined that it would be helpful to you or would aid us in counseling you. Generally we will provide only the following information to your creditors if asked. Verification of appointment with us,Date of counseling.
Outcome of counseling session, We may also disclose any nonpublic personal information about you to anyone as permitted by law for instance if we are compelled by legal process. We may compile data and aggregate information that you give to us but this information may not be disclosed in a manner that would personally identify. you in any way, We restrict access to nonpublic personal information about you to those employees who need to know that information to provide services to you We. maintain physical electronic and procedural safeguards that comply with federal regulations to guard your nonpublic personal information. The Debt Management Plan If you choose to begin a Debt Management Plan we will obtain your express consent to disclose to creditors nonpublic. personal information about you We will not be able to assist you with a Debt Management Plan if you do not provide us your consent to share. information with your creditors, balancepro org 888 456 2227 facebook com BALANCEPro twitter com BAL Pro. Personal Financial Assessment 1 BALANCE offers financial information and counseling nationwide to help individuals and families make the most of their money We offer solutions for those experiencing a financial crisis suggestions and guidance for those facing money challenges and practical information for those considering financial opportunities Each year we help thousands achieve their

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