Deciding to buy a house and looking for the ideal property can be an exciting time. However, it is a significant step to take, and it needs careful consideration. Signing an Agreement of Purchase and Sale is a commitment from which you might not be able to walk away. So, before signing on the dotted line, advisers suggest you read the fine print and consult with a professional who can answer any questions you may have.
Although bankruptcy might not have been in your plans for the future, changing circumstances can leave you no other option but to at least consider it. While a business or personal bankruptcy can offer a fresh start, many people shy away because all they know about bankruptcy is what they have heard about it. Decisions made at this time may determine future financial stability, so, proper knowledge about the bankruptcy process can help you make informed decisions.
Many Canadians, including high net-worth individuals in Ontario, have realized that their debts rise at a higher rate than their incomes. You and many others whose debt loads have increased significantly over recent years might have shifted focus from investing and saving to finding methods to deal with high levels of debt.