When to file for CP
August 7th, 2013 by Questions
I currently am surrendering my condo back to the bank. I have 2 credit card debts totaling about $58k, and two student loans worth about $7k.
After I stop making the minimum payments on the credit cards, how long should I wait to file for CP? Can I wait till the collection hassling begins, allowing a little time to get things in order?
Posted from: Ontario