2009-03-10
Possible alternatives for you are to (a) try to make payments on the credit card (b) contact the credit card company and try to settle the debt (c) to make an assignment in bankruptcy. You did not state your source of income therefore I am unable to determine if you are 'jugment proof'. And yes, your debt can be sent to a collection agency. Nora Lee Edwards Meyers Norris Penny Limited British Columbia
2025-07-14
MNP Consumer Debt Index
Nearly half of Albertans (47%, +2 pts) report they are $200 or less away from financial insolvency each month — more than those in any other province — according to the latest MNP Consumer Debt Index.
2025-07-14
MNP Consumer Debt Index
Nearly two-thirds of Quebecers say they desperately need interest rates to go down (63%, -2 pts), according to the latest MNP Consumer Debt Index.
2025-07-14
MNP Consumer Debt Index
Younger adults and lower-income households are most likely to report stress, stalled life plans, and living paycheque to paycheque.
