According to the Federal Ministry for Family and Social Affairs, over two million households are over-indebted, and once again so many are close to it. Over-indebtedness often means complete resignation for those affected.

This causes the spiral to turn downwards. Help is needed as soon as possible, it should have been searched in advance.

The essentials in brief

• German debt relief is a reputable provider of debt restructuring, debt restructuring or going into private bankruptcy.
• The aim is to reduce the debt burden and the amount of installments.
• A free analysis interview is possible throughout Germany.
• In business for over 20 years.

alternative

• In our rescheduling loan comparison, first check the costs and conditions for rescheduling free of charge and without obligation even if the private credit is negative.
• In our overview of reputable debt restructuring you will find more debt counselors for Germany.

German debt relief test and experiences

Debt is not the same as debt. Professionals distinguish between three levels.

• Debt: Debt already exists when a cell phone is bought on credit. However, experts do not see any fears about a debt level of up to 25 percent of net household income.
• Debt: The debt is so high that the household net income is not enough to pay the load. However, the debtor still has other assets that can be used to settle the debt.
• Over-indebtedness: The debts are so high that the net household income for repayment is insufficient and there are no other assets.

The Deutsche-Guldenbefreiung.de first recommends to get an idea of ​​the income and expenditure. This is already enough for a household bill. On the revenue side, not only the salary should be available, but also other possible cash receipts, such as a repayment of repayment or tax repayment.

Conversely, on the expenditure side, it must also be noted which additional payments, for example to the tax office, are still pending. The easiest way to track expenses is to use the classic budget book. Here it can also be seen where there is potential for savings.

Last but not least, it is necessary to compile a list of outstanding claims for creditor and amount. The debt counselor must also know which creditors are already seeking enforcement or threaten debt collection.

Debt counseling is, as mentioned, not only in over-indebtedness, but also useful in advance. These include situations like

• Too high monthly overall rates
• Payments to too many jobs
• Plated accounts
• Locked accounts
• reminders
• Reminder and enforcement orders
• Visit by the bailiff
• Less income through wage assignment
• Wage garnishments

How do debts arise with private individuals?

The problem with debt is that they do not come overnight. Debts are slowly building up like a wave. It starts with the Dispo, which becomes the permanent state. Open credit card balances complete this picture. The first debt restructuring comes into a installment loan, but the debt spiral is starting all over again. In addition there are current payment obligations for water, electricity, mobile phone etc.

Many retailers offer to buy on credit with small installments. Some consumers do not pay attention at the moment that he already has five loans with 30 euros per month, and uses the mobile phone financing. It’s only ten euros a month. So one payment obligation comes slowly to the next. Creditors usually want their money back, the debt relief according to § 397 Abs. 1 BGB comes only in the rarest cases to bear.

debt Relief

The German Debt Liberation (DSB) offers a free analysis of the debtor’s situation in order to get involved in debt relief. With more than 20 years of experience in debt counseling, German debt relief offers systematic debt relief. The way to get there depends on the individual circumstances of the debtor. The offer of Deutsche-Schuldenbefreiung.de ranges from conversations with the creditors over a reduction of the rate on a loan debt to the accompaniment in a private bankruptcy.

The analysis and the solutions can be requested by using the contact form. Only the entry of the name, the e-mail address, the telephone number as well as the profession, net income and debt are necessary. The company operates nationwide. However, legal advice must not take place, but the German debt relief offers a network of specialized lawyers.

rating

If you are in the debt trap, you need help as soon as possible. Professional supporters may still be able to help avert the worst, personal bankruptcy. Deutsche-Guldenbefreiung.de has the necessary competence and the appropriate network to be able to actively help.

 

In times of constantly increasing rents, the deposit becomes an increasing burden for tenants. With cold rents of 1,000 euros and more, 3,000 euros bail for many people are still difficult to handle. Moving costs, brokerage commissions and the renovation make a change of residence an expensive fun. Anyone looking for a solution, as he ties at least his free money still not on a Mietautionssparbuch, for example, find a Mietaval.

Rental leases are even more important for commercial tenants. While the legislature limits the deposit to three rents for private housing, it can be up to six months for commercial leases. With a cold rent of 3,000 euros, the bail, especially for business founders fatal high.

comparison

Mietaval comparison for business and private

• Here you can compare different Mietaval providers or Mietkautionsbürgschaft offers online.
• Just choose the amount of the deposit, the desired term and whether it is a private apartment or a commercial object. After a click on “Compare rental deposit” your personal comparison result will be provided in a few seconds.
• Afterwards you can conclude your rent deposit guarantee directly online.

What is actually a Mietaval?

A rental agreement is a guarantee from the bank to the landlord that he is responsible for any claims of the landlord against the tenant. The Mietaval assumes that the tenant has a corresponding credit rating. The check of the creditworthiness is exactly as if the tenant actually applied for a loan. Legally speaking, a lease agreement for the bank is a contingent liability, as it is not clear whether it actually has to pay for rent losses. If this happens, the bank then takes the renter into recourse.

For the tenant, an avalanche means that its credit rating is reduced by the amount of the guarantee. Assuming that he would be “good” with his income for a loan of 50,000 euros, the Aval is 3,000 euros, he could still take a loan in the amount of 47,000 euros.

Mietavale offer for tenants and landlords an important asset: The landlord knows that the credit rating of his tenant is correspondingly good, the tenant does not have to endeavor to provide a separate Schufa information.

Why compare Mietaval?

Why do borrowers compare the terms of each bank? Right, because there are differences. And that’s just the case with rental avaible. In addition to a set-up fee is also an annual avalage fee.

For the preparation of the Avalurkunde calculate the banks once between 30 and 50 euros. The annual avalage fee is 3.5% on average and is due on the amount of the guarantee. However, banks often charge a minimum fee, usually 50 euros.

Guarantees are usually available in sizes ranging from 750 euros to 10,000 euros. A comparison for Mietavale shows once again that online banks in many areas compared to the affiliate institutes are simply the cheaper alternative.

Alternatively to a Mietaval offers a Mietkachtsversicherung, which basically follows the same pattern. The Schufa exam is also included.

The Polish state, like most countries in the world, to secure its influence, blames citizens with various types of fiscal burdens. In addition to all known taxes: income, VAT, excise or tax on winnings, there are many taxes that the average person has not heard of and does not know that she should pay them. One such non-obvious tax is family loan tax. Below is everything you need to know about this tax. We invite you to the article.

Family loan tax – what is it?

According to the Act of 9 September 2000 on tax on civil law transactions, each private loan is subject to PCC tax in the amount of 2% of the base (in this case, the loan amount is the basis). In other words, by concluding a loan agreement with someone, we are obliged to give the tax office 2% of the amount borrowed. Fortunately, the legislator has provided for several exceptions in which we are not obliged to pay this tax.

According to art. 9 par. 10 of the Act on tax on civil law transactions are exempt from taxation:

• loans from credit unions or company funds, trade union funds, employee relief and loan funds;
• cooperative savings and credit unions;
• loans received from one person in the amount not exceeding PLN 5,000 or PLN 25,000 from many people – received within 3 consecutive calendar years, starting from January 1, 2009;
• loans granted by entrepreneurs who do not have their registered office or management in Poland, who conduct activities in the field of loans and lending.

In addition, we will avoid taxation if you borrow money from your immediate family, specifically from people who belong to the first tax group. According to the act, they are:

• spouse,
• descendants,
• ascendant,
• stepson,
• son in law,
• daughter in law,
• siblings,
• stepfather,
• stepmother,
• in-laws.

The limit amount, for which we do not have to report a loan to the tax office, is PLN 9,637 per one person within 5 years. If the amount borrowed by us exceeds this sum, we are forced to report it to the appropriate tax office and meet two conditions:

1. Submit a document certifying the transfer of the loan to a bank account or postal order.
2. Submit a PCC3 declaration on tax on civil law transactions to the competent tax authority within 14 days from the date of the act.

The fulfillment of the above conditions exempts us from the obligation to pay 2% tax for the amount above PLN 9,637. It should be remembered that this rule does not apply to loans between parents-in-law, son-in-law and daughter-in-law. These persons are required to pay the tax if the loan amount is exceeded.

What are the consequences of not complying with the conditions for dismissal?

The Act clearly and legally defines the obligations to be met in order to receive tax exemption and penalties for failure to do so. If the loan is not reported within the statutory period of 14 days, the taxpayer is forced to pay a tax of 2%. If, however, taxpayers refer to the fact of concluding a loan agreement during the tax inspectorate’s inspections and the taxpayer fails to submit relevant documents confirming the transfer of money to a bank account, money order or the account of Spółdzielcza Kasa Oszczędnościowo Kredytowe, he will be charged a 20% tax the basic amount. That is why it is very important to ensure that all formalities are within the deadline set by law, because otherwise you may have to pay additional costs.

How to draw up a loan agreement?

Everyone knows that all contracts, even those made with relatives, should be in writing. For this reason, it is worth ensuring that the loan agreement in the family contains all the necessary information, such as:

• who – means the person providing the loan;
• what – the amount of the loan granted;
• commu- nity of the person accepting the loan;
• a possible percentage of the amount borrowed;
• loan repayment date;
• the degree of kinship of the persons concluding the contract.

Such a contract does not have to be confirmed by a notary. Issues related to loan taxes lie with the borrower and he must settle them.

It is worth remembering that in the title of a transfer with a loan, enter that it is a loan in the family. We will then have a credible proof of transfer in the event of a US inspection or subsequent enforcement of your claims.

Loan and donation? Differences in taxes

In the case of donations, as in the case of a loan, persons from the first tax group are exempt from the tax if the donation does not exceed PLN 9,737. A further family also has a chance to avoid taxation, but in their case the tax-free amount is respectively:

• PLN 7,276 for the second group (descendants of siblings, siblings of parents, descendants and spouses of stepchildren, spouses of siblings and siblings of spouses, spouses of siblings of spouses, spouses of other descendants);
• PLN 4,902 for the third group (other buyers).

It is worth mentioning that within the first group, the group 0 is distinguished, which includes:

• spouse;
• descendants (eg son, daughter, grandchildren, great-grandchildren);
• introductory (eg mother, father, grandparents);
• siblings;
• stepfather;
• stepmother.

This group is exempt from tax for an amount exceeding the limit amount, provided that they meet the following conditions:

1. They will report it to the relevant tax office.
2. They adequately document the donation (similar to a loan).

These persons are required to meet these conditions within 6 months of receiving the donation.

In other cases, you must submit a declaration to the appropriate tax office, within 1 month of receiving the donation and pay the tax, which is:

• 3% – up to PLN 10278;
• 308 PLN 30 PLN and 5% surplus over 10,288 PLN – for the amount from 10278 PLN to 20556 PLN;
• PLN 822 PLN 20 and 7% surplus over PLN 20,556 – for an amount over PLN 20556.

As you can see, tax regulations in Poland may seem a bit complicated and do not bypass even the closest family. However, the fulfillment of the conditions for dismissal on time will mean that we will not have to bear additional costs related to a loan or donation from the immediate family.