I owe thousands of dollars on my credit cards and own a house. Will I lose my home in a Consumer Proposal?
I have been in a car accident 3 years ago and could not work. I had to use my credit cards to live on and now I owe close to $70,000 on my credit cards. I'm now back to work full time but I can't keep up with my payments.
The bill collectors are calling me constantly, even late at night. They are also calling my work causing me problems and I'm afraid of losing my job.
I now have depression because of all this and my doctor has put me on medication.
I went to my bank to get a new mortgage to consolidate this debt, but they turned me down because my credit is bad.
I have a bit of equity in my house but I'm afraid that if I go to a Bankruptcy Trustee, I will lose my home.
What should I do?