Consumer Proposal
Bankruptcy: If you Simply Cannot Balance your Monthly Budget

If you simply cannot balance your monthly budget and meet all of your debt obligations, a Proposal to your creditors may be an option.This allows you to make payments to your creditors based on your ability to pay after your basic living expenses.This option also stops interest charges and allows you to only pay a portion of your total debt.

If you only have enough income each month to pay your basic living expenses, then Personal Bankruptcy may be your best option.

Bankruptcy is not always necessary when you have poor financial health and large debt loads. Perform a Debt Analysis by creating a monthly budget and that will allow you to have a quality of life while still paying off your debt. If your budget does not allow for repayment of your debts, or payment of your regular monthly bills then you need to talk to a bankruptcy trustee, a debt restructuring expert. Trustee Colleen Craig will look at all of your options and help you through these tough financial times! Contact us today and learn how you can avoid bankruptcy!