Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More

Free Consultation

Question

I am a sub contractor for a drywall company I haven’t been able to pay my taxes for the year of 2011 cause I’ve got so many bills and also have two small kids that I’m responsible for. I’ve got a lot of bills and I can’t seem to get ahead at all I’m living pay to pay. I’m starting to think that bankruptcy is my only option!

Posted from: Ontario

One Response to “Question”

A licensed trustee said...

Bankruptcy is certianly one option, but you should speak to someone that will go through all of your options (bankruptcy, a proposal, credit counselling, a loan, etc, etc.). Trustees are obligated by law to review all of your options with you – if you are not comfortable calling a trustee then start with a not-for-profit credit counsellor. Just becareful – whomever you speak to shoudl not be charging you any up-front fees. If some one asks you for money right away or seems to be “pushing you” go and speak to some one else…