Starting the journey to deal with your debt is a big, brave step – but it’s also completely normal to feel unsure about filing for debt relief. At Spergel, we see every day how much courage it takes just to reach out for help. Once you connect with one of our Debt Solutions Advisors, we walk you through your options – whether it’s a consumer proposal or bankruptcy – and help you prepare everything you need to move forward.
Unlike other bankruptcy firms, we assign you your own Licensed Insolvency Trustee from day one, so you always have consistent, compassionate support.
But here’s something we don’t talk about enough: even after all that progress, it’s common to feel hesitation right before the final step. You’re not alone.
Why you might feel unsure about filing
If you’re feeling nervous about signing your debt relief documents, you’re not alone – and it doesn’t mean you’re making the wrong decision.
In fact, many people feel the same way right before they take this important step. You’ve done the hard part by facing your debt and exploring your options. Feeling a few final nerves? That just means you care about getting it right.
The good news? You’re not doing this alone – you have a team of trusted professionals here to guide and support you through every stage of the process.
What causes this last minute hesitation?
Here are a few reasons you might be feeling unsure – plus a reminder that all of them are completely normal and manageable:
Debt is emotional
It’s tied to years of stress, shame, and pressure. Taking action can stir up a lot of those feelings. That’s why we offer not just a solution, but real support along the way.
Change can feel uncomfortable
Even when it’s the right move, filing a consumer proposal or bankruptcy can feel like a big leap. But we’ve helped over 100,000 Canadians take that leap over the last 35+ years, supporting them to land in a better place.
It feels so final
Filing makes everything official, and that can be intimidating. But here’s the truth: what you’re really committing to is relief, protection, and a fresh start. It’s not the end – it’s the beginning of something better.
What happens if you don’t sign?
Walking away or pausing at the final step won’t solve the problem – in fact, it usually makes things worse:
- Debt continues to grow with interest – making the problem worse with each day that passes
- Collection calls and legal threats may resume, often becoming increasingly intense
- Wage garnishments may remain in place, meaning more and more of the money you’ve earned is taken from you
- Stress and sleepless nights stick around
Meanwhile, the protection you need stays just out of reach.
What filing for debt relief actually does
When you sign and officially file a consumer proposal or bankruptcy with Spergel, you unlock real, legal protections under Canadian law:
- All collection calls and legal action is stopped
Wage garnishments are prevented or lifted
Your debts are consolidated into one manageable monthly payment
The total amount you owe is reduced by up to 80%
You can start rebuilding your credit
You gain peace of mind – and a path forward
This isn’t an ending. It’s the beginning of your financial reset.
Still feeling unsure about filing? Here’s how to move forward with confidence
If you’re hesitating before your signing appointment, try these three steps:
1. Talk to your Debt Solutions Advisor
We’re here to answer every question and concern – without judgment. You don’t have to make the decision alone.
2. Remember why you reached out
Was it the stress, the endless bills, the collection calls, or the fear of falling further behind? Keep that reason front and centre.
3. Focus on one step at a time
You don’t need to solve everything today. The signing appointment is simply the next step forward – one that leads to lasting relief.
Success Story: Sarah’s turning point
Sarah*, a 42-year-old single mom from Hamilton, had over $38,000 in credit card and payday loan debt. She worked closely with a Licensed Insolvency Trustee (LIT) at Spergel and was fully prepared to file her consumer proposal.
But the night before her signing appointment, fear crept in.
“What if I regret this? What if it doesn’t work?”
Her LIT called and gently reminded her: “You’ve done the hard part. Let’s finish this together.”
Sarah signed. Within days, the collection calls stopped. One year later, she’s made every payment on time, is slowly rebuilding her credit, and finally feels hopeful about her future.
“It was terrifying at first – but it gave me my life back.”
(*Name changed for privacy.)
You can read more of our Success Stories, and see our 3,500+ client reviews.
You’re stronger than your fear
Feeling unsure about filing for debt relief is a sign that you’re taking your decision seriously – not that you’re making the wrong one. At Spergel, we’re here to support you through every step – especially the tough ones. Whether you’re filing a consumer proposal or bankruptcy, we’ll help you make a decision that gives you peace of mind, not pressure.
Let’s take the final step – together
If you’ve paused your file or feel uncertain, we’re ready when you are. We’ll answer your questions, talk through your options, and help you move forward – at your pace. You might want to read through some of our Frequently Asked Questions, call 1-877-557-7367 or book a FREE consultation if you still have questions.
What to read next
- Signs it’s time to talk to a Licensed Insolvency Trustee
- What NOT to do before filing bankruptcy or a consumer proposal
- Does filing bankruptcy or a consumer proposal affect your job?What NOT to do before filing bankruptcy or a consumer proposal
- Filing bankruptcy a second time
- Consumer proposal FAQs: everything you need to know
