Filing Bankruptcy? Here are the Things You Should Not Do
When you are up to your neck in debts, there seems to be no other way to get out of it than file for bankruptcy in Kelowna. But in your effort to get rid of your debts, make sure you don’t do the following mistakes: Rushing into it Is bankruptcy in Kelowna really the best option for you? Right now, you might be looking for an expedient way to get out of your debt but bankruptcy might not be the best choice. You might be able to find more benefits in other modes such as consumer proposal or debt consolidation. It’s best to consult a Licensed Insolvency Trustee such as Mike Wright & Associates first to find out what would be the best route for you. Waiting too long before you file for bankruptcy in Kelowna If you are dealing with a lawsuit from a creditor, it’s best to act quickly. If they win the lawsuit, the creditor will have the right to get a portion of your wage and access your bank account. That’s something you don’t want to happen. Using your...