FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

"*" indicates required fields

Facebook

This field is for validation purposes and should be left unchanged.

Name*

Phone Number*

Email*

This field is hidden when viewing the form

What's the best time to contact you?*

Location*

What city do you live in?*

Total Unsecured Debt*

*Unsecured debt includes credit cards, lines of credit, bank overdrafts, payday loans, and unsecured personal loans (excluding student loans). It does not include mortgages and car loans.

This field is hidden when viewing the form

Source

How can we help you?

If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

Agreement*

I understand that Bankruptcy-Canada.ca does not provide debt relief services directly and agree to securely share this information with a local Licensed Insolvency Trustee (LIT) for a free, confidential consultation.

Select Trustee By Province

Debt Settlement

I have about $286,120.89 in credit card debt which is not from personal spending but rather cash advances we had to put into our company to keep from going bankrupt at the time.

I have about $2500.00 coming in each month to deal with this but it is not enough obviously.

Do I qualify for a Debt Settlement?

Posted from: Ontario

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

One Response to “Debt Settlement”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

With the level of income indicated you definitely wouldn’t have sufficient to look at a debt settlement program. There is a small chance that a proposal may work, but likely you would have to look at a bankruptcy, I think your cash flow just wouldn’t be sufficient to make a reasonable offer on that size of debt.