MIKE ASKED: I have built up a lot of debt over the past couple years and now I’m so far behind on everything and have companies calling me all the time. I have a steady job but always seem to be broke at the end of the week. I can’t get ahead or even pay everything. What do you recommend?
ANSWER: Unfortunately your situation is not uncommon. When you get behind with your creditors it is very difficult to dig yourself out of debt on your own. The best advice I can give you is to contact my office and make an appointment. The biggest mistake people struggling with personal debt issues make is that they wait too long to get help.
If you were to come see me for a free, no obligation, confidential initial consultation I would review your situation and explain all of your options.
Without reviewing all of the details of your situation it is difficult for me to give you specific advice, but since you have a steady job, a consumer proposal may be a good option. By filing a consumer proposal you can stop the collection calls and interest while compromising the total amount of debt you owe.
Filing a consumer proposal you make one affordable monthly payment to deal with all of your creditors. Consumer proposals are ideal for people who are able to pay something to their creditors, but just can’t afford to pay the full amount.
