24 year old expectant mother struggling with paying my non-secured debt
I am a 24 year old expectant mother who has been struggling with paying my non-secured debt. I have under 10000$ in non secured debt, not including my student line of credit in which is being paid back monthly. I am now on EI, due to unexpected complications with pregnancy, and making only enough to pay my biweekly car loan, student line of credit and insurance on car, and having gas to put in it. I am unsure of which route is suitable in order to get the creditors off my back.
Posted from: Ontario
The right choice to make in resolving financial difficulty often depends on the many details of your situation. For example: who are your creditors, what are your future prospects, how much money you have left over after necessary expenses. Bankruptcy is not always the best choice. You may be best advised to meet with a Trustee in your area personally. They will be able to analyse your details and options so that you can make a decisions in your own best interest.