At various times, for various reasons, individuals may be unable to manage their personal finances. When bills don’t get paid, practical and financial problems result. Payee services solve and prevent those problems.
Sometimes people who experience health challenges or are elderly have difficulty managing their day-to-day bill paying. Documents may be misplaced or forgotten. Perhaps a change of address is lost. A critical invoice could be filed incorrectly.
To avoid these scenarios – and such difficulties as the interruption of cessation of water, electricity and phone services – a payee is employed.
At Practical Heart, we review client income and expenses, then set up a budget that becomes a bill-paying roadmap. We manage client checking accounts, pay all bills on time, and negotiate any issues that arise with service providers.
Clients are charged an agreed-upon fee monthly.