Post on 24-May-2015
description
Bromwich & Smith: 1-866-353-6726 inquiries@solvingdebt.ca
Solutions for Serious Debt Problems
Bromwich & Smith: 1-866-353-6726 inquiries@solvingdebt.ca
Are you experiencing financial difficulties?
If you’ve already done what you can to cut expenses, what can you do next?
Bromwich & Smith: 1-866-353-6726 inquiries@solvingdebt.ca
Debt Consolidation
What is debt consolidation?
Taking out one larger loan to pay off multiple smaller, high interest rate loans or credit cards
Bromwich & Smith: 1-866-353-6726 inquiries@solvingdebt.ca
Debt Consolidation
Benefits of debt consolidation
•Lower interest rate•Lower monthly payment•Single Creditor
Bromwich & Smith: 1-866-353-6726 inquiries@solvingdebt.ca
Consumer Proposal
What is a consumer proposal?
A legal agreement between you and your creditors that allows you to pay back yourdebt at a reduced rate over a pre-determined amount of time
Bromwich & Smith: 1-866-353-6726 inquiries@solvingdebt.ca
Consumer Proposal
Benefits of a consumer proposal
•Regular monthly payment you can afford•You can keep your assets•You are debt free at the end of your
consumer proposal
Bromwich & Smith: 1-866-353-6726 inquiries@solvingdebt.ca
Bankruptcy
What is bankruptcy?
Bankruptcy is a legal process that can provide financial relief to honest debtors that cannot pay their debt.
Bromwich & Smith: 1-866-353-6726 inquiries@solvingdebt.ca
Bankruptcy
Benefits of bankruptcy
•Provides a fresh financial start•No one loses everything•You can begin rebuilding credit
immediately upon completion•Most bankruptcies are discharged within
nine months
Bromwich & Smith: 1-866-353-6726 inquiries@solvingdebt.ca
Where should I go for help?
A licensed trustee in bankruptcy will review your finances in detail and make a recommendation based on your uniquesituation.
Your trustee will be able to help you with any debt solution you choose.
Bromwich & Smith: 1-866-353-6726 inquiries@solvingdebt.ca
If you have questions or are struggling with debt, call to schedule a free consultation with a licensed
bankruptcy trustee in Alberta, or visit us at
www.solvingdebt.ca