Make sure you have a plan to pay off your credit card debt.
Once you file for bankruptcy, all creditor action stops.
The biggest mistake most people that have personal debt problems make is that they wait too long to get the help they need.
CHRIS ASKED: How can I pay off my debt without damaging my good credit or touching the little RRSP I have? ANSWER: The only way to deal with your debt and maintain a good credit rating is to pay your creditors directly, in full, with interest.
JOE ASKED: I am struggling with a lot of debt, but if I take action, will I lose my car loan?