Canadian Insolvency and Credit Alliance

Description

The majority of Canadians, irrespective of their social status or cultural roots, are exposed to various financial risks throughout their lives. These include job loss, declining business, illness, divorce, careless spending, and even fraud, all of which can result in financial debt. Sometimes, embarrassment prevents people from seeking professional advice in order to overcome their financial struggles. This sense of embarrassment, coupled with the heavy burden of debt, harassment from the creditors and/or collection agencies, often lead to distress, depression, and family conflicts that have a negative impact on the accustomed way of living.