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debt after retirement

have 50000 dollars credit card debt am about to retire can only afford about 200 dollars a month what are my options

Posted from: Ontario

One Response to “debt after retirement”

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

The filing of a bankruptcy os the only real option available given the level of cash flow you have identified. So you are best to contact a local trustee to review the details about what a bankruptcy is, how it will impact you and what you can expect to transpire.