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

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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 Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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Is it wise

I am just learning about all this . We are in debt and are just treading water as far as making house payments and general bills like water electric phone ect We have 2 credit card bills and just don’t have the money left over to pay . I was looking at the consumer proposal it sounds like it might be right for us. Its not that we don’t want to pay we do. Anyway would it be wise to let the creditors know? They keep phoning and I would love to get them to stop

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2 Responses to “Is it wise”

Barton Goth, GCO Inc. Bankruptcy Trustees said...

I would discuss things with a licensed trustee prior to informing your creditors. Just in case you find that the consumer proposal isn’t the right route for you, then you won’t have suggested anything to your creditors that you haven’t followed through with.

Anonymous said...

Thank you for your input we are trying to find a trustee now