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Mahurangi-based financial assistance service Debtfix has become what it claims is New Zealand’s first debt solution registered charity, following its acquisition by new charitable trust the Debt Relief Foundation.
Chief executive and Debtfix co-founder Christine Liggins says the move means more help for a greater number of people, as it can now get funding from sources other than the Ministry of Social Development (MSD).
“MSD’s funding is limited and becoming a charity ensures Debtfix can secure funding from other sources and take its debt solution services to more people,” she says.
“It also means we benefit from the skills and experience of an independent board of trustees.”
Liggins says bad debt is an economic and social problem impacting individuals, families and communities that is not going away.
Info: www.debtfix.co.nz
