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Bankruptcy Counseling
Budgeting
Housing Counseling
Money Management
Debt Consolidation
Financial Education
Resources
Bankruptcy
Counseling
We can't tell you whether or not to file, but we can tell you that it should be the absolute last resort. This is one of the most important decisions you will make in your life, and you owe it to yourself to explore every option before resorting to bankruptcy. Contact GreenPath Debt Solutions to speak to a financial counselor who will analyze your situation and discuss options with you. One of those options may be a debt management program on which creditors would accept lower payments.
If you ultimately decide to file for bankruptcy, GreenPath can help you through the process. We can help you find a professional, local attorney who is priced fairly and is experienced in bankruptcy. We can educate you on your options and the bankruptcy process, and we can help you establish a post-bankruptcy budget to begin your “fresh start” on the right foot.
Don't be tempted by the short-term relief offered by bankruptcy without considering all the facts. Call
866.697.2841 today to make an appointment!
Budgeting
Creating a budget isn't as easy as it may seem on the surface. In addition to accounting for your normal daily, weekly, monthly, and even yearly expenses, there are also those little surprises that seem to always pop-up in life - and cost you money!
 Experience shows that people who budget are much more likely to achieve their financial goals than those who do not. Budgeting is a seven-step process, so if you are having trouble making ends meet, or simply want to improve your chances of achieving your financial goals, Sun Federal is here to help.
Through our partnership with GreenPath, Inc., Sun Federal now offers members access to free, confidential budget help, by appointment, at any of our locations or by phone.
To schedule an appointment with Ted Wenzlick,
Member Education and Financial Coach,
Call Toll Free: 866.697.2841.
 GreenPath also offers BudgetSmart, a free software tool that helps you establish a budget, track spending, and more. To download BudgetSmart,
click here.
If you are not able to make it into one of Sun Federal’s locations, you may receive services from GreenPath by phone. Sun Federal members have free access to financial professionals who can review your situation in-depth, make practical suggestions, and provide options.
Talk to a Certified Consumer Credit Counselor by Phone Toll-Free: (866) 697-2841.
Housing Counseling
Are you behind on your mortgage payments? Are you preparing to buy a home? Are you considering a home equity loan to pay off your debts? GreenPath, Inc. is here to help answer these questions and many more.
Ted Wenzlick has been certified by the Department of Housing and Urban Development (HUD) to help home owners and prospective home owners. We offer a variety of housing services, including:
- Mortgage Default and Delinquency Counseling -
If you are behind on your mortgage payments, our certified counselor can help you get back on track. We work with you to establish a budget, set priorities and determine strategies for saving your home.
- First Time Homebuyers Education -
We can help you prepare for buying your first home. Our certified counselor will educate you on the home buying process, and help you prepare for the requirements and responsibilities of home ownership.
- Home Equity Loans -
A home equity loan can look quite enticing when you are looking for a way to pay down your debt. We can work with you to determine if a home equity loan is the best solution for your personal situation. If it is, our certified counselors can provide valuable advice to ensure that you don’t run into a similar predicament in the future.
Money Management
Unfortunately, getting into debt can be easy. An unexpected medical bill or job layoff is often all it takes to start a cycle of living beyond your means. Sun Federal strives to offer the financial information and tools you need to not only get out of trouble, but to keep from getting overwhelmed in the first place.
Through our partnership with GreenPath, Inc., we offer members free access to confidential financial coaching, by appointment, at any of our locations or by phone.
 CheckRight
A great tool to help manage your checking account is
CheckRight. CheckRight is a web-based checking account management education module designed to teach you how to manage a checking account.
Use CheckRight if:
- You are looking to open a checking account for the first time or
- You have had difficulty handling an account in the past.
Among other things, CheckRight will help you learn how to:
- Open an account
- Write checks
- Make deposits
- Maintain a check register
- Reconcile an account
- Create a spending plan
CheckRight is a self-study program that allows you to learn at your own pace. Once you have read through the chapters, you will be directed to a quiz that will test your knowledge on checking accounts. You will be able to view the results and you have the option to send the results to the credit union via e-mail.
Debt Consolidationn
Debt consolidation can be a really good thing, but only if you use the opportunity to change your spending habits. A big mistake many people make is consolidating their debt to lower their payments, but then going out and acquiring more debt because they never change their spending habits.
Another potential problem is when people believe they can acquire more debt, and the monthly payments that come along with it, since they've eliminated some of their monthly expenses with the consolidation. However, the consolidation should be done so you can "catch up" on your debt. You should use the money you save from the lower monthly payments to pay extra toward the loan to pay it off faster.
To apply for a Sun Federal loan consolidation
click here.
Debt Management through our partnership with GreenPath, Inc., offers members access to free, confidential debt management help, by appointment, at any of our Sun Federal locations or by phone.
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