Don’t Wait Around to Take Charge of Your Debt

Among the reasons why people file for insolvency is because of a job loss. You might be reaching your financial obligations now, however staying on track with your mortgage and the minimum payments could be a challenge. For many Canadians, your whole pay cheque is consumed each month with your living costs and debt payments.

Doing something about it today

The simple fact is that any time is a very good time to take the appropriate steps to deal with your debt. Now that you have encountered the very fact that your debt payments are no longer controllable, here is what you should do:

  •  Prepare a budget
  • Stop unnecessary spending
  • Calculate all your expenses
  • Make a list of all your monthly payments
  • Be realistic
  • Look into a licensed insolvency trustee about your options.

Dedicate time t to eliminate your debts early. If you want help and advice, don’t be scared to talk to a licensed insolvency trustee in your area. You might not need to file bankruptcy. Consultations are free, so take advantage of this free advice now.

J.P. Graci & Associates Ltd.
150 Colborne St. Suite 2,
Brantford, ON N3T 2G6
Brantford: 519-753-7361
Hamilton: 905-525-7077