mortgage free house but money running out
Can a consumer proposal help my wife and I keep our house not knowing when I will be able to find a job. We have no mortgage as the house is paid off but other debts such as credit card balances would be left outstanding. My wife has a job but does not earn enough to begin to pay the expenses although our expenses are not that great as we live in a lower priced home and live a very simple lifestyle. When I find a job my earning potential is greater however right now I am suffering from depression and am on a couple of medications to keep it under control which if I can find a job would probably get me back on track.
What are my options?
Posted from: Ontario
A proposal might solve your problem – it will depend on how much your hme is worth and how much you owe on your unsecured debts. Use the linbks to find a trustee in your area and give thema call – there are too many variables in yoru sitaution to offer you much advice on this site.