WHO CAN HELP ME WITH DEBT PROBLEMS?
When your anxiety and stress about your financial situation is growing right along with your credit card, grocery, car, tax, mortgage, and student loan bills, it may be time to seek financial help from a credit counsellor, debt consultant, or Trustee in Bankruptcy.
Many professionals can provide advice about options to deal with your debt, but we know that there are many companies and organizations to choose from. It can be confusing to know what the best debt solution is.
Who can help you with debt
Before taking any action, it is important to be informed about the different options available to deal with debt or you could end up in deeper financial trouble. Many companies make claims about quick fixes and “cures” for getting out of debt, but when it comes to getting real help, the truth can be hard to find. If you are wondering who you can trust to help you with debt, we encourage you to explore our information on the different debt solutions available in Canada. Only you can decide what debt solution is right for you.
At BDO in St. Catharines, we always review all of the options available to you and outline the pros and cons of each one:
- Do-it-yourself debt reduction
- Budgeting advice
- Get the facts on debt settlement plans and debt settlement companies
- Credit counselling
- Debt consolidation loans
- Debt management plans and programs
- Consolidation orders
- Payday loans
- Consumer proposals
- Filing for bankruptcy
- Solutions for business financial problems
- How debt impacts credit ratings and credit scores
- Consumer credit and credit card debt
- How to deal with collection agencies
- Dealing with tax debt
- Retirement and debt and advice for seniors
- Student loan debt
Seek advice early about who can help you with debt
Many people are hesitant to seek advice because they worry about what they may be told. However, our best advice is to seek help at the first signs of financial trouble. By asking questions early, you can keep your debt solution options open. We believe that being informed is the first step to deciding how to solve your financial problems and take control of debt.
BDO has been helping Canadians resolve their money problems for over 50 years. In fact, more people choose BDO for advice about debt solutions than any other firm in Canada. Our professionals will meet with you to review your financial situation and discuss your options with no obligations. Contact BDO today.