Bankruptcy or Debt Consolidation in Alberta
September 8th, 2014 by Questions
Bankruptcy or Debt Consolidation in Alberta? – If one owes about $27,000 all credit card debt and the only income is old age security. It is impossible to clear the credit card debt on this income and still live. The only significant asset is a 2008 vehicle. Would it be better for this person to declare bankruptcy (in Alberta) or approach the credit card companies for some kind of consolidation/reduction?
Posted from: Alberta
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)