FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

"*" indicates required fields

Name*

Phone Number*

Email*

This field is hidden when viewing the form

What's the best time to contact you?*

Location*

What city do you live in?*

Total Unsecured Debt*

*Unsecured debt includes credit cards, lines of credit, bank overdrafts, payday loans, and unsecured personal loans (excluding student loans). It does not include mortgages and car loans.

This field is hidden when viewing the form

Source

How can we help you?

If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Super Intendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

Agreement*

I understand that Bankruptcy-Canada.ca does not provide debt relief services directly and agree to securely share this information with a local Licensed Insolvency Trustee (LIT) for a free, confidential consultation.

Comments

This field is for validation purposes and should be left unchanged.

Select Trustee By Province

Unpaid credit card debt

I have some credit card debt around 5000. I have not paid any payments for about 6 years. how does it reflect on my credit and what should I do in this case if it is still on my credit report. Thanks.

Posted from: Ontario

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

One Response to “Unpaid credit card debt”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

You will likely have an R8 or R9 on your credit.

The only way to improve this is to make arrangments with your outstanding credit cards to make payments on those oustanding debts. As you manage to pay them off you will find that you will be re-establishing your credit at the same time.