Separation

I had just separated from my spouse and with two (2) small children. It was an incredibly stressful time.

With the loss of the second income, my debts were more than what I was making and I was missing the payments.

Shortly after that the collection calls started coming every day. After about two (2) months of calls, letters and constant worrying about debts a collection company called me at work.

There was talk about a garnishee of my paycheque, and I knew had to do something.

The office was local to me in Whitby so I gave them a call first thing the next morning.

Brenda, answered the phone and said she was a trustee and could help me, she invited me to come that afternoon.

I met Brenda and told her my story, I owed over $32,000 and the monthly payment was more than I made at work.

Brenda listened to my story and explained to me how she could have the debts dropped down to about 10,000 with about a $200/mon payment.

Together with Brenda we decided that I could afford to pay about $200 per month in a consumer proposal.

The debt was dropped from around 32,500 dollars to about 10,000 dollars. I started a payment plan to pay about $170/month over five years.

The collection calls stopped and my work never heard another word about my money issues.

I actually better off, I have money now for back to school clothes and the stress relief has been incredible…

I started a payment plan to pay about $170/month over five years, the collection calls stopped and my work never heard another word about my money issues.

At YanchDey & Associates, we want to sit down with you and understand your financial issues.

Our Licensed Insolvency Trustees will listen to you in a non-judgmental atmosphere and provide you with our advice on how to move forward.

You are not alone in this process and every year thousands of people just like have debt issues.