credit cards and welfare

November 20th, 2009 by Questions

I jus have 20000 debt and on welfare. And the future is pretty bleak as well. What course of action should i take

Posted from: Ontario

Questions

One Response to “credit cards and welfare”



, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

When you are faced with a situation such as this, with excessive debt and fairly low income, we often find that the filing of a bankruptcy is largely the only option available. Now it is also possible that you are in a position where you are considered creditor proof, meaning that your income is to low for your creditors to force any repayment and then a bankruptcy may not be necessary, but you will need to contact a local trustee to determine this.

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.)