The truth is, bankruptcy isn’t the right choice for everyone. That being said, there are plenty of situations when filing for bankruptcy is the best choice for moving forward.
Here are a few questions to ask yourself if you’re wondering whether you should file for bankruptcy. Depending on your answer, bankruptcy might be right for you.
Are you having trouble making payments?
If you’re struggling to make your payments when they’re due each month, this is one sign bankruptcy might be a good option for you. Credit cards, car loans, mortgage payments, CRA tax debt, business debt are just some of the types of debt bankruptcy we can help you navigate.
Are creditors harassing you?
Bankruptcy helps to deal with creditors by placing a stay of proceedings on collections, which stops collections and provides immediate relief to your monthly debt obligations.