Want to Eliminate Credit Card Debt? We Can Help
Get relief from your credit card debt, stop interest and collection calls. Let us help you be free from credit card debt.
Credit card debt isn’t difficult to build up, the challenge is in dealing with it if you have over-extended yourself. It doesn’t help that credit card companies often increase the interest charged to you if they see you struggling to make your regular payments.
Don’t get stuck in a cycle of playing catch up with high interest cards, it can take years to repay if you cannot make large installments.
A consumer proposal or bankruptcy can eliminate the interest and relieve your debt problem in a short period of time. Your Licensed Insolvency Trustee will review your credit card balances with you and develop a plan that will make you debt free as soon as possible. We can help you resolve your credit card debt.
What Happens If You Stop Paying Your Credit Cards?
If you are unable to repay your credit card debt, eventually your accounts will go into collections. Collectors will call and ask you to make payment arrangements on a regular basis. For many people, these calls can be very stressful and upsetting.
Eventually, if a debt remains unpaid you may find the credit card company seeking a garnishment of your wages to recover what is owed to them. We can help you stop this process with a bankruptcy or a consumer proposal.
How to free yourself of credit card debt
Janet couldn’t juggle anymore. For years she had been paying one credit card with another whenever she would get into financial trouble. Carrying large balances and paying a lot of interest was causing unnecessary stress. Janet needed one monthly payment and to see her balances going down – not up. We helped her with a consumer proposal, one affordable monthly payment with all credit card debt included. Now Janet is debt-free, juggling family events like soccer practice and dance recitals instead.
March 25, 2020
Third time will be the charm. I have used Spergel before and the trustee's and staff are amazing to work with. I look forward to having this one be more successful than the past...More
March 23, 2020
I just got off the phone with one of their Marketing Client Managers. With what is going on in the world today (Covid-19) I wanted to weigh all of my options. Hinna was not only a...More
March 23, 2020
Helpful people. Reasonable monthly payment.More
March 21, 2020
March 16, 2020
Great customer service. very knowledgeable and professional. I am Very satisfied with the results.More
A very satisfiedcustomer
March 14, 2020
Everyone in the stablishment is very professional. Cris C.,and Ewelina of Mississauga office , did their jobs far and beyond my expectations. I will definitely recommend...More
March 13, 2020
Very helpful and accommodating. Always answered my questions and emailed me back within a couple of days.More
March 13, 2020
She explained the options for my debt.More
Frequently Asked Questions
Can I really include old credit card debts in a bankruptcy?
You can include all credit card debs that you owe if you file a bankruptcy or a consumer proposal. The age of your debt does not matter. If you owed the money prior to the date of filing bankruptcy the credit card debt will be included in the process.
What if someone co-signed on my credit card?
If someone has co-signed on a credit card debt with you, they will be equally responsible for repaying the debt. If you choose to file a bankruptcy or a consumer proposal the credit card company will seek repayment from the co-signer on your account. It is a good idea to discuss this with the co-borrower before filing so that they know what to expect.
Debt Help Learning Centre
If you’re just starting to explore your options, visit our learning centre to learn from our articles and resources to start on your path to debt freedom, and when you’re ready, our trustees are always available to listen.