Home ownership expenses overwhelming you?

Does this sound like you?
You bought a house thinking that the mortgage payments would be close to what you paid each month in rent. Unfortunately, you failed to take into account the other needed expenses of owning a home. You don’t think you can keep up with monthly expenses, what can you do?

What can you do?
Many first time home owners soon come to realize the additional expenses that are required to maintain a home. There are many things to worry about including property tax, utilities, renovations, and furnishings. If you are having trouble paying the bills each month, you may need to consider a consumer proposal or bankruptcy. Both of these options will give you a financial fresh start, but will affect your ability to obtain credit in the future. Click here to find out more about these two options.

Susan Jung
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