While bankruptcy might sound like an optimal solution, it can negatively affect many individuals. When you declare bankruptcy, you essentially kill your credit score and income reports, which can be very hard to build up again. Bankruptcy also ruins potential business opportunities in the future and can be a bad idea for individuals with families.
Debt consolidation in London Ontario helps you get out of a bad financial situation and resurrect your income without negatively impacting you. If you are looking to improve your financial situation, debt consolidation loans are likely the best option.