Hi
I am in a terrible situation. My husband met with an accident three months back. He was not able to work from then. We are having a hard time. It will take some time for him to recover.
We have an auto loan and home mortgage. We have used the credit cards to the max and credit score is not good. We are not in a position to pay back the bills at this moment. I have got a small job. So, we can survive.
I have been thinking of some ways to get out of this debt condition. Is consumer proposal a good option for me? We have debts of $10k. Will the consumer proposal affect the credit rating? I'm staying in Kitchener. How long does the proposal stay on my credit record?
Expecting your replies. Thank you.