Calgary Bankruptcy Solutions

The prospect of filing for bankruptcy in Calgary can be a scary one.

It is possible to get your debt under control without filing for bankruptcy.

Here are five solutions to bankruptcy that you might want to consider.

Bromwich and Smith: 1-866-353-6726 [email protected]

Negotiating

Ultimately, your creditors just want to get paid.

Try your hand at negotiating lower interest rates or different payment

terms.

You might be surprised by the results.


Downsizing

Even small changes in your lifestyle can make a difference in your budget

You might want to consider:

• eliminating pricey subscriptions• canceling unnecessary memberships• carpooling• swapping services, i.e. take turns babysitting with a friend a to reduce costs• only buying what’s on sale (and use your coupons!)


Financial Counseling

If you haven't ever learned how to properly manage your funds, all the trimming in the world won’t

help.

Professional advice will take you far in learning how to manage that budget you’ve worked so hard to

build.


Debt Consolidation

Consolidating your debts into one monthly payment can be a great way to

reduce your monthly expenses.

But if you don’t manage your money properly, you can end up in a worse

financial situation than before.

This is where credit counseling can really help


Consumer Proposal

A consumer proposal is a legal agreement between you and your

creditors.

A proposal allows you to pay back a reduced amount over a period of

no more than five years.

A bankruptcy trustee can help determine if you qualify.


There are alternatives to bankruptcy.

To review and discuss your options with a trusted professional, contact a licensed

bankruptcy trustee at Bromwich and Smith.

Your initial consultation will be free of charge.


Calgary Bankruptcy Solutions

Economy & Finance

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