This is often the first and least dramatic step in getting your finances on track. We can offer you with:
With many of these solutions, there are no legal filings and your credit rating may not be impacted. These options may allow you the time you need to put your financial house in order. Call us today for a free consultation!
If you have some assets and income and your total debt is less than $250,000 (excluding primary residence mortgage), a formal proposal to creditors may be the best option. We can help you develop a plan that is formally proposed to your creditors. These plans are governed by a several characteristics:
To learn if this is the best solution for you, please call us today for a free consultation!
Although nobody wants to declare personal bankruptcy, sometimes it is the best option. In order to declare bankruptcy you must owe at least $1000. Your debts must be greater than your assets and you may not be able to pay your debts as they come due. You also must not already be currently bankrupt. Once you declare bankruptcy, you are afforded certain protections from creditors. Here’s a quick snapshot of some of the important facts about bankruptcy:
It is important to get all of the necessary facts from a Licensed Insolvency Trustee. Call Rita Anderson & Associates today to make an appointment.
Everyone’s situation is different. Meet with us for a full financial assessment. We will outline your options and how that will affect your future.