Recently divorced and unable to make mortgage payments?

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Does this sound like you?
Sandra Martin recently divorced her husband, and with the advice from a real estate agent, purchased a home for her and her children. However, Sandra did not take into account the additional costs of owning a home. Now, she is getting overwhelmed with the costs of furniture, maintenance, and utilities. She is diving deeper and deeper into debt and doesn’t know how to get herself out of it. What should she do?

What can you do?
Owning a home instead of renting often seems like a good idea, but unless you consider the other costs, you may find yourself lost in a sea of debt. Fortunately there are ways to get out of it. A consumer proposal or bankruptcy may be the perfect solution to give you a financial fresh start. For more information on these and other options, click here.

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