Too Much Debt
How much debt is too much debt? There is no clear threshold for too much debt. We have helped people with very little debt, and we have helped people with very high levels of debt.
For a pensioner trying to get by on $1,300 per month of government pension income a debt of a couple of thousand dollars can be too much debt.
On the other hand, for a professional making hundreds of thousands of dollars a year too much debt could be into the millions.
Whether you have a high income or a low income you have too much debt when you can’t afford to pay it down.
Explore your debt options, call today for a free telephone consultation – 519-646-2222