Cut Off From Income Supplements?

_{By Bromwich+Smith Staff | 462 words | Reading Time:  2 minutes | Date: 2021/11/12}

Many of us are still reeling from the effects of the COVID-19 pandemic, whether that is job loss, health challenges or anxiety at our constantly shifting landscape. So hearing this week that a large portion of our Senior population has been rendered ineligible for the Canadian income supplement because of receiving Canada Emergency Response Benefits; feels like another strange turn of events. 

If you are a Senior experiencing this you probably feel blind-sided and alone. These circumstances are testing all of us and in turn you may feel like you are struggling with unprecedented challenges. Well we are here to tell you that you have options.

The first step is to consider new financial solutions to help you manage this situation, ensuring you have a plan to manage your finances. We know this can feel complicated but we are here to assure you that there are always options to explore. Especially, when you are trying to get ahead and expected income is suddenly not going to be coming in.

Since 2002, we have helped thousands of Canadians with restructuring programs that conquer debt and put you back on track to rebuilding your worth. We examine your financial situation with you and provide the best solution for your specific financial situation. Whether that be budgeting, counselling, a Consumer Proposal or Bankruptcy we work with you to provide a solution that makes you whole again and settles your debt once and for all.

One of our most powerful debt relief solutions is a Consumer Proposal. A Consumer Proposal is an important debt restructuring tool available only from a Licensed Insolvency Trustee like Bromwich+Smith. We work with your creditors on your behalf, allowing you to pay back only a percentage of original debt owed, based on your budget and not what creditors are demanding. A consumer proposal enables you to be debt free, and keep your assets without declaring bankruptcy.

Only a Licensed Insolvency Trustee like Bromwich+Smith has the legal authority to administer a Consumer Proposal or a Bankruptcy for you. If a debt relief service offers a Consumer Proposal or Bankruptcy, ask if they are Licensed Insolvency Trustees.

Our goal is to ensure that in these ever-changing times you are financially ready and provided with the knowledge now and into the future to make informed decisions for your financial wellness. There is real help out there and by taking action now you can alleviate the anxiety of what may come. Feeling safe and secure financially rebuilds your worth by ensuring that you sustain your personal prosperity and self-confidence.

We understand the stress of losing income unexpectedly. We offer an initial free, no obligation, confidential consultation by phone 1.855.884.9243 or video. You can also request a call back at our contact us page. We’re looking forward to helping you flourish.