Sandra Jones has been on her own, with her two kids, for the past three years. When she went out on her own she had to buy new furniture and replace her vehicle. She has a job, but even with some child support she does not earn enough to pay her rent, car payments, children's expenses, and pay her debts. What can she do?
What Can You Do?
For most people, it is very difficult to go from a two income family to a one income family, particularly when your expenses stay the same or increase. Sandra should make a detailed budget to see if it is possible to cut expenses so that she can start paying more on her debts. If not a consumer proposal or a bankruptcy may be required to deal with her debts and give her a fresh start. To investigate your options, click here for more information.
If you're having financial difficulties and live in the Hamilton area, call (905) 777-0770 today to meet with one of our experts, or complete the ask a question form to send us a message and we'll get in contact with you.