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What are the evidence for financial hardship?

bank statements showing a reduction of income, essential spending and reduced savings. a report from a financial counselling service. debt repayment agreements. any other evidence you have to explain your circumstances.

Can I withdraw my Mercer super?

You may withdraw part or all of your superannuation. If this applies to you, please call the helpline on 1800 682 525 rather than completing this form.

What is considered a hardship situation?

Hardship is a situation in which your life is difficult or unpleasant, often because you do not have enough money. Many people are suffering economic hardship.

What qualifies as a financial hardship?

Financial hardship may be deemed to exist when the debtor needs substantially all of his or her current and anticipated income and liquid assets to meet current and anticipated ordinary and necessary living expenses during the projected period of collection.

What is a qualifying financial hardship?

Certain expenses are deemed to be immediate and heavy, including: (1) certain medical expenses; (2) costs relating to the purchase of a principal residence; (3) tuition and related educational fees and expenses; (4) payments necessary to prevent eviction from, or foreclosure on, a principal residence; (5) burial or

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