Seniors burdened by debt can find relief through a Free Confidential Consultation with a Licensed Insolvency Trustee. During this session, tailored solutions such as Bankruptcy or a Consumer Proposal are explored, offering the potential for debt freedom in as little as nine months. Additionally, financial counselling services are available to assist seniors in better managing their finances, ensuring their golden years are financially secure.

Building a solid financial foundation starts with understanding your financial situation and setting achievable goals. Create a budget, establish an emergency fund, and prioritize saving for your future. Additionally, consider seeking professional financial advice to help you make informed decisions and navigate the complexities of personal finance.

In Canada, Bankruptcy can be a viable option for dealing with student loan debt. However, student loans are typically only discharged by filing an assignment in Bankruptcy if you've been out of school for seven years or more. If a Bankruptcy might not be feasible, alternatives like a Consumer Proposal offer negotiated settlements with creditors and can address your student loan debt. Consulting a Licensed Insolvency Trustee can help explore these...

Managing student loan debt requires proactive steps such as understanding your repayment options, creating a budget to allocate funds for loan payments, and exploring opportunities for loan forgiveness or repayment assistance programs.

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