Did you buy a new home last year, and now you are behind with your bills?
Does This Example Sound Like You?Most Canadians dream of home ownership. Real estate agents tell us it's cheaper then rent, so we take the plunge and buy a home. Then we realize it costs more to own a home than just the mortgage payments. There are the property taxes, repairs, and new furnishings we buy to fill up our larger living space. Then we realize we can’t afford to keep paying all of the bills.
What Can You Do?
If the dream of home ownership is turning into a nightmare, you do have some options. If you truly cannot afford the home, it may be time to sell and go back to renting. However, it is possible to deal with the creditors and keep your house! A consumer proposal or a bankruptcy may be required to give you a fresh start financially. To investigate your options, click here for more information.
Posted on Thursday, July 06, 2006
posted by Questions @ 1:26 PM
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