Job or Income Loss
Losing your job can be nerve-wracking, especially when it comes to your personal finances.
We can help
Even with the high employment levels we had before the pandemic, 1 out of 4 people who asked us for a consultation came to us after losing their job. When something like this happens, it’s important to quickly take control of the situation to avoid late debt payments and negative effects on your credit rating. Often, it’s not as bad as you might think. The trick is to assess your finances to help you see things more clearly.
First, we will list your debts, monthly payments and interest rates to determine your total monthly debt obligations. Then, we’ll help you prepare a budget to get a better sense of your financial means. Depending on your level of debt, you may be able to balance your budget just by changing some of your spending habits. You can usually put off some variable expenses (e.g. clothes) to help you get through tough times. In other situations, a debt repayment plan is necessary to find a long-term solution. This plan can be achieved through simple budget measures, a debt consolidation, a consumer proposal or a bankruptcy. It all depends on your financial situation and your preferences.
The sooner you have a clear picture of your personal finances and your options, the better your chances of pulling through.
Read real-life stories
Debt problems could happen to anyone. Read about people like you and see how they pulled through.
Our debt solutions
Based on your situation and needs, there are different solutions that can help you regain your financial stability.
Find out how to merge all your payments into one monthly installment and keep your credit score intact.
Discover how to offer your creditors a lower settlement based on your ability to repay.
Find out how bankruptcy will put an end to your financial difficulties by quickly unloading the weight of your debts.
Get a financial health checkup
With just a few questions, get an idea on the health of your personal finances. It’s easy and 100% confidential.