Locke Consulting Inc.
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GET OUT OF DEBT

September 5, 2017

and avoid making a bad situation version worse

10 mistakes people make when they are in debt and scared of what will happen to them:

  1. Avoid meeting with a bankruptcy trustee

  2. Stress, lose sleep and act irrationally – before meeting with a trustee

  3. Make big payments to only one creditor – before meeting with a trustee

  4. Contact Debt Consultants – before meeting with a trustee

  5. Take out a second (3rd or 4th) mortgage – before meeting with a trustee

  6. Collapse exempt assets, pensions and RSPs – before meeting with a trustee

  7. Remortgage real estate at higher rates – before meeting with a trustee

  8. Stop paying utility accounts – before meeting with a trustee

  9. Continuing to bank where money is owed – before meeting with a trustee

  10. Borrowing money from friends and relatives – before meeting with a trustee

Before you take any of the actions listed above meet with a trustee and learn about all of your options, negotiations, informal or formal proposal or bankruptcy.  We can help!

 

Call and arrange your free confidential consultation 519-646-2222