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hundreds of thousands of Canadians
get out of debt
We've helped
hundreds of thousands
of Canadians

get out of debt
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When to File Bankruptcy

It's not always easy to tell if the time is right to declare bankruptcy, but common signs include long-term unemployment, inability to meet monthly payments on credit cards and collection calls and letters from your creditors. Bankruptcy provides immediate protection from your creditors and your unsecured debts are eliminated upon discharge from bankruptcy. But before you decide on declaring bankruptcy, consider your situation carefully.

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