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Rebuild My Credit

Bankruptcy and my House!

When filing for Bankruptcy depending on your situation you may be able to keep your house out of the bankruptcy if you are able to afford the carrying costs of the house. If you are unable to carry the house it might be a good idea to include it in your bankruptcy. Bankruptcy is sometimes your last option when there is no other way out but you may also want to consider consumer proposal as an option before bankruptcy. Your bankruptcy trustee and you can go over all your best options in order to find the right solution for you.

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Need to Re-establish Credit? Want to Consolidate High Interest Debts?

Home Trust has Equity Line Visa to provide you with a secured second mortgage at a low rate of interest (On approved Credit). If you are staring a Business it can provide start-up costs from your home equity, even though you can’t prove how much you earn! The Home Trust Equity Line Visa reports to Equifax to help rebuild your bad credit too.

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What You Need To Know About Bankruptcy

Some basic facts about being in Bankruptcy and some other options in Ontario include, the Bankruptcy and Consumer Proposal rate has increased by 30.4% in 2009 from those numbers in 2008. Some other options include, consumer proposal, debt consolidation loan or debt settlement.

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Bankruptcy – Your Bad Credit Solution & Your Duties

Bankruptcy is a way to stop collections agencies from calling. It can relive you of debt, but you must meet with creditors, surrender your credit cards, file income tax returns, attend credit counseling and report your living expenses. You can begin re-building your credit right after being discharged from Bankruptcy or Consumer Proposal.

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