Ratents123 Posted March 12, 2020 Report Share Posted March 12, 2020 Hey, I'm a new member to this forum. Please suggest some solutions to get rid of unmanageable debts. Is the bankruptcy proposal a good choice? I was an IT professional a few years back. But due to a crisis, I lost my job. At that time I had around $20k credit card debt. To fulfill my daily needs, I had to take a loan and now, it's all a mess. There is a total of around $50k debts to pay off. I have no idea of solving these issues. From the knowledge I have, I hope a bankruptcy proposal is one of the best choices I can have. I will be consulting one such service by the end of next week. Its a tough situation and my monthly payments are not enough to pay my creditors. Has anyone dealt with similar situations? Share your suggestions. I would like to get genuine suggestions from you guys. Thanks! Quote Link to comment Share on other sites More sharing options...
WhoCares1000 Posted March 12, 2020 Report Share Posted March 12, 2020 This board contains mostly people from the USA so we are unsure as to how Bankruptcy works in Canada. Quote Link to comment Share on other sites More sharing options...
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