Pippy, get a free quote from my office on debt settlement, at least that way you can compare the two options and see if it beats out bankruptcy, which I think it should based on what I read below.

Call 866 833 1992 and press 1 for a consultant during business hours.

bmo mc 16000 loc 18000 overdraft 1200 amex 7000
options 3000 tdcanada trust visa 15000 none secured .how long does it take for legal procedures to happen is it fairly quick .i was thinking if i just showed them what my income was going to be in april they might see i cant pay them

what are the individual amounts owing?

IE... credit card #1 =$5000, credit card #2 =$2500

The reason I ask is that maybe the debts are not large enough for the creditors to sue.

Yours sounds like a tough situation..

There's also debt settlement, which you probably wouldn't lose your pension.

ontario

but the trustee said that i would have to forfiet my pension it justy kills me because it has to last me a lifetime

which province are you in?

bankruptcy might be a good idea.... or there's debt settlement.

Are you on compensation, the creditors may see you as illiquid.

i am 64 and retiring next april i owe a lot of money i have been disabled for 12 years and dealing with comps abuse .
In dec i saw a trustee and he said bankruptcy was the only way out .if i do that my locked in pension from comp will be gone its 30000 as creditors would take it .Comp will only pay lump sum not a monthly amount because it is under 45000 .I am sick to my stomach ,up until nov 2008 i was not doing bad but had some financial set backs sold my house and loss 16000 and made two moves causing me to fall behind in my payments
I have moved all my banking

.I have changed my phone # also and it is now unlisted so i dont get the calls , just get the bills in the mail and throw them out .I am trying to sell what i have just to get by,today i received a letter from a lawyer from bmo for my loc and mc and overdraft threatening legal action .approx 35000 .I can not see a way out Does anybody know of a way out of this and save my pension fund as it is all i have for the remainder of my life .I rent a home and lease a vehicle
thank you