Three Personal Bankruptcy Tips for a Fresh Start

Being severely in debt is a very frightening experience. It constantly builds, going from a molehill to a

mountain in very little time. Unfortunately, it's not easy to fix them when that happens.

Hi, my name is Amit, Credit Counsellor at Credit Management Services. We are an Ontario

Based firm with a professional and dedicated staff of government certified counsellors that

provide result driven solutions and answers to almost every financial problem! My team and I

provide services for debt consolidation and settlement, mortgage loans and real estate to

consumers since 2003.

This month’s article focuses on three personal bankruptcy tips for a fresh start in Toronto and

Greater Toronto Area. This article can help you learn what to do when filing for bankruptcy when too

much debt is hanging over your head At Credit Management Services, we can help you find a plan

that really works for you. We fight on your behalf not the creditors to provide you and your

love ones the best financial solution so you can manage your debt easily.

Here are the three personal bankruptcy tips for a fresh start:

1. If you need to file for bankruptcy, you need to list all of your creditors. Do not leave any of them

off or you could be liable for the remainder of balances for creditors which are not reported.

Take the time to get a credit report so you can compile a complete list of all creditors before you

file. You could end up in debt after you file if you do not.

2. In any personal bankruptcy filing, it is essential to make certain to list all elements of your

financial life in your petition and other paperwork. Failing to include all income sources or

omitting individual debts and accounts can lead to substantial problems down the road that can

limit the discharge-ability of some of your most substantial obligations.

3. Be sure to weigh all of your options before deciding to file for personal bankruptcy. If your debt

is relatively low, you may be able to manage it with other options. Talk to one of our

experienced and qualified experts to know more about other options.

There are times when life just seems to happen without you having much control over it. Yet, you can

take better control of your future and plan out how you are going to secure your finances, for life.

Having this information can change the way you face this challenge.

At CMS Group, we offer FREE professional consultation for new and existing clients in Toronto

and GTA. We work hard to get the least possible monthly installment for you. We can help

you with Bankruptcy. Please contact us now to get started to save time and valuable

resources: We have 5 locations in Toronto and Greater Toronto Area to serve you better

Credit Management Services

970 Lawrence Ave W, Suite#105, M6A 3B6

416-780-1020

Credit Management Services

150 Consumers Rd, Suite#200, M2A 1P9

416-780-1020

Credit Management Services

3025 Huronatrio St, Suite#300, L5A 2H1

416-780-1020

Credit Management Services

60 Atlantic Ave, Suite#200, M6K 1X9

416-780-1020

Credit Management Services

County Court Blvd & Hurontario, L6Y

416-780-1020

Website: http://www.cmsgroup.ca

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