2025-06-30
Who Can File For Bankruptcy
Bankruptcy
There are several common scenarios which may cause you to wonder whether personal bankruptcy is an appropriate option to get out of debt.
There are a wide variety of credit counselling services operating across Canada. Typically, these credit counselling organizations review your current financial situation, provide budgeting advice and speak with creditors on your behalf about a more reasonable repayment schedule. If your situation is appropriate for the program offered, the credit counselling organization will collect funds from you and place them in a trust account for payment to your creditors. Before committing to any program, you should fully understand the costs and administration fees charged by the organization, since these charges may increase your total payment obligation and reduce the amount available for distribution to your creditors. Generally, the total amount you will pay will be equal to the total amount of your unsecured debt.
Life-Changing Debt Solutions is about finding the best choice that will work for you. To compare all the available options, contact us for a free confidential consultation.
2025-06-30
Bankruptcy
There are several common scenarios which may cause you to wonder whether personal bankruptcy is an appropriate option to get out of debt.
2025-06-30
Debt Solutions
Here are the four stages of debt collection you can expect.
2025-06-30
Credit Counselling
Here are the ABC’s of dealing with creditors and debt collectors.