I met with a couple today who were filing a consumer proposal.
We were talking about how they got into this financial mess when it came out that they read about bankruptcy and consumer proposal a while ago but did nothing.
I asked why they did nothing and they said they did not believe it was true that debts can be wiped out. They thought it was a scam. So I then asked what changed your mind. The answer was they were speaking with a family member who dealt with us in the past and they verified that debts in Canada can be wiped out. This resulted in a telephone call and a subsequent proposal.
The most difficult part of filing for a bankruptcy or proposal is calling a trustee and meeting with someone to have a conversation about your options.
Contact Rumanek & Company Ltd. for more information on bankruptcy and debt solutions. Or please fill out the free bankruptcy evaluation form. To learn more please visit our YouTube Channel. Rumanek & Company have been helping individuals and families overcome debt for more than 25 years.