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Lost your job and can't afford to make credit card payments

 

Does this sound like you?
Debra Cutter has been a nanny for the same family for many years. Recently, the family decided to move to another province, and Debra opted not to go with them. Now, she is unemployed and has begun to use her credit cards to survive, but cannot keep up with the payments. What can she do?

What can you do?
Finding a new job can be quite a challenge, and until you find one it is easy to start falling behind on monthly payments. If you find yourself in this situation the best thing to do is to try to cut back on monthly expenses. If, however, your debts are too out of control, you may need to consider a proposal to creditors, or even bankruptcy. To research your options further, click here.

    
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