October 14th, 2013 by Questions
I have been in a poor financial state for a couple of years, and fear that I am in over my head. I am scared to declare bankruptcy, however, am not sure that I have an option. I am not sure whether bankruptcy or perhaps a consumer proposal would be beneficial for me, as I do not know the extensive repercussions of either. I have recently discovered the option of credit counselling and wonder if it perhaps best for me? I would like to be able to chose an option that has the least impact on my future credit rating. I am about 20,000$ in debt (total) which include two credit cards, a personal loan and overdraft of 5000$. What do you believe is best for me?
Posted from: Quebec
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