Heymann & Fletcher
800-481-8549

Domestic violence survivors benefit from matched savings program

People in an abusive relationship often feel as though they have no way out. Not only does their partner often emotionally manipulate them in order to make them feel as though they can't leave, experts also say that abusive partners may control or abuse their victim's finances, making it difficult to walk away. New Jersey families may be interested in the story of one out-of-state coalition, working to combat financial abuse, as it helps survivors of domestic violence improve their financial situation.

The coalition utilizes both financial counseling and a program where recipients' savings accounts are matched dollar for dollar. The hope is that survivors will have increased independence and give them more long-term financial stability. Classes for financial literacy include how to save for retirement or purchase a home, though organizers acknowledge that some survivors don't have the means to reach that far with their finances initially. Advisers are instructed to consider each recipient on a case-by-case basis and work with what they have.

This specific program is statewide, which is different from others that only serve certain cities or counties. The organizers hope that this will enable them to help more people. Last year, almost 1,200 people participated in the program, with around 100 making use of the matched savings initiative. Organizers say that it was life-changing for one woman who could have lost her housing because she didn't know her abuser hadn't been paying rent. She was able to avoid eviction and continue saving money.

A program like this one is just one way for a person to leave a domestic violence situation. Those here in New Jersey who have questions about what options might be available to them may want to talk with an attorney. A legal professional can help a victim file a restraining order or determine the next steps to take on the pathway to a new life.

No Comments

Leave a comment
Comment Information
Email Us For a Response

How Can We Help?

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Office Location:

Heymann & Fletcher
1201 Sussex Turnpike
Randolph, NJ 07869

Toll Free: 800-481-8549
Phone: 862-781-0029
Randolph Law Office Map

Heymann & Fletcher
Mailing Address
PO Box 518
Mount Freedom, NJ 07970

Toll Free: 800-481-8549
Phone: 862-781-0029