Debt Optimization and Bankruptcy
It is easy to borrow money in Canada, but, unfortunately, the lack of understanding of how these debts can be reduced or even get rid of them drives many people into a stressful situation.
We have many years of experience in the Canadian financial and banking industry; including experience in issuing loans and helping clients consolidate their debts. All our consultations are confidential, because we are well aware of how important this is to our clients. We are not the bankruptcy trustees (those who help people in declaring bankruptcy), but we also understand this process quite well.
When you are looking for a solution to reduce or get rid of your debt obligations, you need to consider the following:
- If I don't take any action and leave the situation as it is, how will my life change in a year? Has my debt situation changed for the better compared to last year?
- How good or bad is my credit history for debt consolidation?
- What does bankruptcy threaten me with? Will all my debts be written off in bankruptcy?
We will be able to answer these and many other debt-related questions.
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