The financial demands we encounter on a daily basis are endless. More and more of our income is being consumed to meet basic, essential living needs such as housing, utilities, food, transportation, clothing and medical expenses; leaving less and less income available for non-essential needs such as savings, education, entertainment, sporting activities, vacations and retirement planning.
Financial resources are stretched further when unexpected events occur, such as a chronic illness, injury, job loss, marriage separation, business failure, major vehicle repair, major home repair or providing financial support for an aging family member.
If you are feeling overwhelmed as a result of all of the financial demands you face, you are not alone. An estimated 1 in 6 Canadians are experiencing serious financial difficulties.
The items summarized below are some of the more common warning signs of financial difficulty experienced by Canadians. Take a moment to review the following statements and ask yourself if any apply to you:
If you answered yes to any of these questions, you may be experiencing financial difficulty or progressing towards it. There is immediate help available. We encourage you to contact a Faber Trustee to review your options and to discuss whether a consumer proposal or personal bankruptcy debt restructuring plan will resolve your financial difficulty and give you a fresh financial start.
We will help you eliminate your debt and work with you to create a money management plan to develop a secure financial future for you and your family. We will help you Start Over, Start Saving and Start Living.