Bankruptcy is not the only way out of financial difficulties. Other options are available. As financial advisors, our job is to present you with the various solutions that are available to you and explain the advantages and disadvantages of each, so that you can make an informed decision suited to your particular situation.
Alternatives to bankruptcy include:

• Contacting your creditors to suggest new payment schedules (i.e. spreading the payments over a longer period of time) so you can balance your budget;
• Contacting a credit counsellor who can help you better understand credit and budgeting;
• Consolidating your debts;
• Having recourse to the voluntary Deposit Act;
• Consumer proposal

Our company offers you a FREE consultation to help you gain insight into your situation and provides professional advice on the various options available to you. We invite you to contact us to book your appointment.