My name is Janette and I work in our North York office. I have two questions to ask you.
- Do you feel that your debts are overwhelming?
- Do you lay awake at night worrying about how you are going to pay your bills?
If you answered yes to either of these questions, then you don’t need to worry any longer because there are ways to get your debts under control.
Canada is a great country for many reasons. If you are lucky enough to live in Canada and you owe debts that you are unable to pay then The Bankruptcy and Insolvency Act allows you to file either a bankruptcy or a proposal to deal with your creditors.
A proposal is a good way to settle your debts for less than you owe and is structured as a fixed monthly payment over several years. The amount that you offer your creditors is based on what you can afford after paying your living expenses.
If your income is low and you cannot afford to make a proposal to your creditors, then a bankruptcy is the best way to allow you to start over with a fresh start. Filing a bankruptcy will stop your creditors from contacting you and eliminates almost all debts. Through the bankruptcy process most of our clients can easily identify how or when their finances began sliding out of control. The bankruptcy process allows them to start over without debts, learn how to better manage their money and to recognize warning signs so that they will not end up it this situation again.
For most people filing a bankruptcy truly is a fresh start. We have posted some of our client’s testimonials on our website which you might like to look at.
If you have more debt than you can handle, it’s time to call us at 310-PLAN (7526) or 416-730-8060 or e-mail us. We would be happy to meet with you to discuss your options and answer any questions you might have.
Imagine a life without debt.