Thinking about bankruptcy protection?

I first went bankrupt in the mid-90's after my first business venture failed. Five years later, my second venture also failed to see me grasp the golden ring of success. I was once again left penniless. Eight years ago, a bitter divorce, a career change, move and custody battle left me for the THIRD time in large debt to my creditors. I filed to be put in a consumer proposal. That's two hard knocks against my credit score and I'm only in my forties.  

and so the opposite is true...

So I've been there. I know what it is like to feel the strain of financial hardship, to think the good times will last and also the bad times will never end. If you are feeling any bit of the latter right now, I may be able to help.

I'm a victim of my own optimism, some bad advice and some bad choices. I get that. Your probably think that too. A few years ago, I made another career choice and that was to become a mortgage broker. I learned that if you have a house there are options out there which can help you avoid bankruptcy or discussing the benefits of a consumer proposal. I wish I knew what I know now eight years ago.

Explore all your options first. If you own a house, see if you can use the equity in that to lessen your debt. Can you rent a room to reduce debt? What about renegotiating your mortgage payments?

Simply, would you rather be paying 19% interest on your credit cards and/or other debts or move that balance to your mortgage and pay only 3%? Not only are you spreading your repayments out over a long period of time, your credit score will still be intact, if not slightly better.

So, contact me. Let's talk and see what I might be able to do for you.

Long Time, No Shop Talk

Hi everyone.

You may have been wondering when I was going to post another mortgage-related blog. So was I.

Truthfully, for 99% of us, mortgages aren't as exciting as say, hockey or a car accident. Maybe mortgage-related news is the equivalent of watching a dart game. Which is a great analogy.

I'm the dart thrower tosser and your mortgage application is the dart. Sure, you can definitely throw your own dart at the board - there's a good chance you will hit it. Maybe you hit a seven, maybe a 15.

Unless it's on fire. Then you should call the fire department.

Or I could step up and throw it for you. I will own that dart board. Most people aim for the bulls-eye - I'm aiming for that triple 20. But maybe due to your circumstances I have to aim at the ten or sixteen. I could also hit that three, maybe we should talk about that strategy first. But when it comes down to it, I have the knowledge and the skill to take that shot for you.