2009-08-04
I'm very sorry to hear about your loss. I'm sure it's been a stressful situation and adding these credit cards on top of that is likely not helping. Bankruptcy would be an option to consider if you owe more than $1,000, you are unable to pay your bills as they come due, and none of the other options work for you. The other options out there range from trying to consolidate your creditors into one payment, any ideas we can think of to rework your budget, any family help, to restructuring your debt and perhaps writing off part of it. I would recommend that you talk to one of our Counsellors or Trustees in your area so that we can get a few more specifics about your situation. IE: how much do you owe your creditors, what kind of assets do you own, what does a regular month's budget look like. Contact me directly, or take a look on our website for our people in your region. You can click on Contact in the navigation and it will take you directly to this page on our website. Donna Carson, CGA, CIRP, Trustee [email protected] 1.877.500.0792
2025-06-19
With the school year beginning and thousands of Canadian students beginning a new semester of post-secondary studies, all those hard-earned dollars from summer gigs are now being applied to tuition, books, transportation, housing, and supplies.
2025-06-18
The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.
2025-06-16
Bankruptcy Alternatives to Bankruptcy
Let’s review what a Consumer Proposal is, as well as the pros and cons of filing a Proposal, to help you determine if it’s the right solution for your unique situation.
