Welcome to Bankruptcy Mississauga Ontario

What about the house?

I had the pleasure of sitting down with Tom Robic of RE/MAX real estate this morning. Tom was interested in learning more about the insolvency process and how it could affect his clients with respect to buying or selling their homes.

What about my house ? is easily the most asked question when I meet with people to discuss their debt problems. For many people it is possible for them to resolve their debt and keep their homes by offering a consumer proposal to their creditors. For other people selling their home and using the proceeds to offer a lump sum proposal will work to eliminate debt. For some selling and downsizing to a home they can afford and freeing up cash flow to offer a proposal to their creditors is the solution. None of these solutions involve the dreaded BANKRUPTCY .

Far too often people come to see me too late. Dealing with debt is like any developing problem, early intervention is the key to a successful resolution.

Tom asked me a good question, "When should people come to see a bankruptcy trustee?" My answer was "As soon as they start to run into trouble" If this was a health issue, people go see their doctor as soon as symptoms appear that are affecting their quality of life. The same is true for your financial health. When it come s to helping people deal with their debt, I'd rather be the surgeon than the undertaker.

If you have debt problems starting to affect your quality of life you owe it to yourself to find out your options. It may turn out that you can fix the problem yourself with a little help.

Call 310-PLAN today to make an appointment to see me for a free no obligation consultation.

Ill help you make sense of your options and decide what is best for you to do for you and your family.