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Debt Management in St. John's

Make a Plan

Managing your debt and future income and expenses may be the right solution to help you regain control. Consider a detailed budget or the possibility of negotiating with creditors.

If you live in St. John’s and are looking for answers on how to deal with your debts and creditors contact Sean Stack at S.R. Stack & Company Ltd.

Get back on track with Stack.

Detailed Budget

Managing your debts can be as simple as putting together a detailed budget that includes a plan for paying down your debt.

Negotiating with Creditors

Managing your debt can also involve negotiating with creditors to see if they will work with you to make your payments more manageable so that they fit in your budget.

Sometimes a credit-counseling agency can assist you with managing your debts but it is important to know if this is the right solution for you.

To find out more about Debt Management in St. John’s, contact Sean today.

Did You Know?

1

Many people who file for bankruptcy get to stay in their home.

2

In Newfoundland and Labrador, you can keep your RRSPs – even if you file for bankruptcy.

3

Many people who file for bankruptcy are able to keep their vehicle.

4

Most bankruptcies are NOT published in the newspaper.

5

Student loans can be included in a bankruptcy if they are more than seven (7) years old.

6

A consumer proposal is an alternative to bankruptcy that can only be filed with a licensed trustee in bankruptcy.

7

In NL, people ages 30 to 39 years old file for bankruptcy more than any other age group. [source]

Is Debt Management Right For You?