Claim Bankruptcy and Keep Your House and Car
You may have considered bankruptcy, but you’re not exactly sure what that means.
You don’t want to lose everything you worked so hard to get – especially your house and car.
Well, there’s good news: there are exemptions for personal possessions in both Ontario and Manitoba. And, if you’ve been keeping up with your payments, the bank probably won’t take your house or car.
End the Struggle with Bills
The real problem is all the other bills; the credit cards, loan payments, utilities, and monthly living expenses that leave you coming up short every month. Those are what can make you miss payments on your house and car. And that’s when the bank comes into the picture.
It may be uncomfortable to ask for help, but it would be even more uncomfortable to lose your home.
If you find yourself struggling to make your mortgage payment, maybe it’s time to talk to a Licensed Insolvency Trustee, like the ones at LCTaylor.
Bankruptcy is Not Your Only Option
Talking to a Trustee doesn’t automatically mean you’re marching toward bankruptcy. They help you find the best option for you and your situation.
That may be bankruptcy. It may be something else, like a Consumer Proposal.
A Consumer Proposal is an agreement your Trustee negotiates with your creditors on your behalf. It’s also one of the best ways to keep assets like your house and car.
But whatever solution you find with your Trustee, your finances will get better.
Find a Solution Today
If what you’re doing right now isn’t working, and it’s becoming more and more difficult to pay your most critical bills… make the call today and set up a free, no-obligation consultation with LCTaylor, Licensed Insolvency Trustee.
Your debt rescue starts here.
Jillian Taylor-Mancusi, LIT
