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Today I ask a concern that produces plenty of debate on our Facebook web page: what are the results if you stop having to pay the money you owe? More especially, what goes on you are not in a consumer proposal or bankruptcy if you stop paying your debts and?

To greatly help me delve deeper into this subject, Ted Michalos, my co-founder and partner of Hoyes, Michalos & Associates, joins us to talk about the different results of perhaps maybe not spending the money you owe.

What are the results if you stop having to pay your bank cards?

Defaulting on re payments or being in arrears has effects. The severe nature hinges on so just how far you might be behind in your re payments:

You a friendly reminder if you miss one payment, the bank or credit granter will send. Read the rest of this entry »