Dealing with Debt
So it’s no surprise that more than 50% of Canadians live paycheque-to-paycheque and more than a quarter of us feel overwhelmed by debt … but it doesn’t have to be that way.
Some debt problems can be easy to solve but others might require professional help and advice. Our team is here to help you get out of debt by offering expert financial advice and guidance. It’s ok to hit a financial rough patch – and it’s ok to get help.
If you answer YES to any of these questions, then it might be time to give us a call:
- Are you unable to pay your bills on time?
- Do you borrow from one creditor to pay another?
- Are you subject to wage attachments/garnishments by your creditors?
- Do your financial problems affect your job performance?
- Do your financial problems affect your marriage or family?
- Are your financial problems affecting your health and well-being?
- Do you just pay the interest to satisfy your creditors but never seem to reduce the amount of your debts?
- Does your family have to go without basic necessities in order to pay your creditors?
Most people who file a consumer proposal, go bankrupt or require debt management solutions are good, honest, hard-working, educated and responsible people who do so as a last resort after months or even years of figuring out how to pay high-interest debts.
People often fall behind on bills as a result of significant life events such as a relationship breakdown, job loss or underemployment, illness, the death of a spouse or some other type of family emergency.