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the Company you worked for went under and now you are unemployed.
Does this sound like you?
You worked for the same company for 20 years but the company recently went under and you are now unemployed. You’ve been trying for months to find a new job but not one offers the same salary you were making at your old job. You’ve begun to fall behind on payments and don’t know what to do. What are your options?
What can you do?
If possible, try cutting back on monthly expenses until you’re able to find a stable job. Any amount of cash you can manage to save up will help. If you’ve looked at your monthly expenses and don’t think you can afford to cut back on anything, it may be time to think about a consumer proposal or bankruptcy. Both of these options are common choices for those who need a financial fresh start. For more information on available alternatives, click here.
