Month: December 2018

Baukindergeld: Relief for families or expensive waste of money?

With the Baukindergeld Unions Group Chairman Kauder wants to support families in home equity financing. To make housing more affordable for young parents in the future, they should receive a subsidy for child benefit when they buy or build a house. This idea is by no means new and is being sharply criticized by the opposition.

The Union wants to make it easier for young families in the future to buy an apartment or to build a home. By reintroducing the so-called Baukindergelds parents should be able to secure affordable housing and financially relieved.

Baukindergeld is an annual supplement to child benefit that has not existed in Germany since 2006. Now, the CDU / CSU leader Kauder calls in the image to reintroduce this support. While, for example, the umbrella organization of German property managers stands behind him, Kauder reaps for his proposal harsh criticism from the opposition .

What is the Baukindergeld?

The Baukindergeld gave parents who have bought a home, from 1987 to 1996 for each child an annual additional payment of about 1,000 DM. This was to help the families with the financing of the apartment or house. In 1996, the child supplement to the homeowner’s allowance replaced the Baukindergeld, so that the subsidy increased to up to 800 € per child.

Union wants to relieve families when building a homeowner’s home

The CSU pleaded already after the federal election in 2009 to reintroduce the Baukindergeld. She planned to help parents with up to € 1,200 a year for each child. Their suggestion, however, could not prevail – until now. As it is becoming increasingly difficult for young families to find affordable housing, Union officials are revisiting the idea. Thus, the Bavarian Finance Minister Söder, the chairman of the CSU Hasselfeldt and the CDU in North Rhine-Westphalia have already called for a revival of the Baukindergeld . Faction leader Kauder joins the now. He also suggests that real estate owned by the federal government should preferably be awarded to family-oriented construction projects.

Opposition criticizes Baukindergeld as symptom control

While CSU politician Söder sees the reactivation of Baukindergeld as part of the planned tax relief for low-income earners, the idea in the opposition has met many criticisms . As Kerstin Andreae of the Greens emphasizes, in the budget for 2018 there is no money at all that can be distributed. Economists also point out that even with the help of the Baukindergelds probably only a few may be encouraged to build a house or purchase. The lack of housing would continue to exist.

Harder criticism reaps the proposal, especially from the FDP, which was in 2009 against a reintroduction of Baukindergelds. The party calls on the government to support families with real relief rather than symptom control . “Instead of using the so-called Baukindergeld again to organize expensive and bureaucratic redistribution, the evil must be packed at the root and the ongoing cash-out of young families to be completed,” said FDP Secretary General Nicola Beer. Among other things, families are being increasingly financially burdened by rising energy prices, higher social security contributions and the cold progression. A real estate acquisition is therefore not more realistic with the additional payment from the Baukindergeld.

Debt counseling for Cologne

Image result for financial counseling

Kölner Dom, 1. FC Cologne , Cologne Carnival – the city ​​of millions in North Rhine-Westphalia has much to offer visitors from near and far. But what about your own citizens of the Rhine metropolis? According to the economic research institute Creditreform , the over-indebtedness rate of the city of Cologne in 2017 was 11.78 percent . This was the result of surveys collected as part of the annual debtor Atlas. The debt counseling in Cologne is therefore in demand because of the many people involved in over-indebtedness .

Debt counseling centers in Cologne

Debtor Assistance Cologne eV
(Debtor and insolvency advice)
Debt counseling Cologne eV
Gotenring 1
50679 Cologne

Telephone: 0221 346140


Debt counseling of the Diakonische Werk Cologne and region
(debt and bankruptcy counseling)
Debt counseling of the Diakonische Werk Cologne and region
Kartäusergasse 9-11
50678 Cologne

Telephone: 0221 1603866


NRW debt counselor registered association
(Debtor and insolvency advice)
NRW debt counselor registered association
Rösrather Str. 2
51107 Cologne

Phone: 0800 0016500


Where can you find a debt counseling service in Cologne?

In the search for a suitable debt counseling , above all, care must be taken that this is recognized in accordance with Section 305 of the Insolvency Code . Contact points where you can usually be sure that this is the case are public debt advice centers.

These are supported by non-profit associations and associations and are recommended as serious advice centers .

From a consumer point of view, they are particularly advantageous because the debt counseling service in Cologne is free of charge when it comes to non-profit bodies for debt counseling .

The only downer : Since the free debt advice in Cologne has to fight sometimes strong demand, sometimes long waiting periods are to be accepted until an appointment is awarded. However, debt counseling in Cologne is also offered by lawyers who, unlike the public debt counselor in Cologne, do not work for free. In return, the waiting times here are also much shorter . Therefore, first think about who you want to entrust yourself with your debts .

What concrete help does a debt counseling offer in Cologne?

Those who are looking for help often ask themselves: “How am I actually helped?” The following list summarizes some examples of activities that are usually taken over by debt counseling in Cologne and by a lawyer for debts become.

  • Individual counseling of the debtor concerned,
  • Supervision and assumption of negotiations with creditors and bailiffs,
  • if necessary, preparation for consumer insolvency proceedings ,
  • general information events for over-indebted persons.

The debt counseling service in Cologne offers help for those affected by over-indebtedness.

In any case, the aim is to prevent a further increase in debt as far as possible and to work together with the debtor to prepare the way for debt freedom .

For this, however, it is necessary that the debtor plays with open cards and all numbers come to the table .

Because without mutual trust , neither a lawyer nor a debt counselor can help you oversee the accumulated debt and design a debt settlement plan.