Financial Hardship

Signs of Financial Difficulty

If you are unsure if you’re experiencing financial difficulties, below are some key warning signs:

  • Spending more than 20% of your net disposable income on credit cards
  • Only making minimum payments on your credit cards
  • Over the limit on credit cards including overdrafts, or lines of credit
  • Services (e.g. telephone, gas or electricity) disconnected
  • Receiving collection calls or legal notices from creditors

When you are ready to begin the process or if you would like information and advice about consumer proposal and/or bankruptcy, please contact our office. We would be happy to thoroughly explain the process and assist you in anyway we can.