For many the big splurge over the winter holidays makes a financial dent in their accounts. Often to the point where regular bills can't be maintained. Here is a great article on How to Deal with Mortgage Payment Difficulties from CMHC:
"When unforeseen financial circumstances impact your ability to make regular mortgage payments, it’s important for you to take quick action. With early intervention, cooperation, and a well executed plan, you can work together with your mortgage professional to find a solution to your financial difficulties."
Some solutions include
1. Talk to your mortgage professional
2. Clarify the financial picture
3. Stay informed
There is also a link to a great Government of Canada site Take Charge of Your Debts
Hopefully none of you need this but can pass it on to someone you know!
Read More Here
Best in 2011,
Danielle Millar
Showing posts with label holiday debt. Show all posts
Showing posts with label holiday debt. Show all posts
Friday, January 07, 2011
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