What is Bankruptcy/Why Not Bankruptcy?:
Being bankrupt means you no longer have the ability to meet your financial obligations. The bankruptcy process is a legal way for those in an impossible financial situation to start fresh.
Therefore bankruptcy is a perfectly viable option for many. Many consumers view bankruptcy as the most expedient way of resolving financial difficulties. However, bankruptcy remains a last resort rather than a first choice, and for some very good reasons.
A record of your bankruptcy forms a part of your credit bureau
history for years, while many credit applications ask if you've
been bankrupt. It doesn't necessarily mean you won't get credit
after you've been discharged, but it does mean that getting new
credit will now become more difficult and frequently more expensive.
There are certain jobs and positions that require you to disclose
whether you've been bankrupt. And - although few realize it - bankruptcy
is a matter of public record, and is published.
K & G Debt & Credit Professionals care about your situation and want to help.
For more information on our Debt Settlement Program? Contact us today, see how we can
help you Eliminate Your Debt with our Debt Settlement Plan!
Canadian Debt Settlements by a Professional Certified Debt Arbitrator.
Through Debt Settlement I can:
- Stop collectors from calling you
- Negotiate your debt with your creditors down 50% to 80%
- Help you repair your credit report and inform you of your legal rights
- Lower your debt-to-income ratio faster than any other debt reduction option
- Help you Eliminate Your Debt by starting today
I step in to successfully negotiate debt settlements on your behalf.
Certified Debt Arbitrator
Brian
Pybus
