Thread: people in debt
View Single Post
  #6  
Old 11-18-2008, 06:16 PM
trent trent is offline
Senior Member
 
Join Date: Jun 2008
Posts: 387
Default

The personal debt carried by Canadians is well beyond the point where it can be repaid. Even with historically low interest rates, Canadians are struggling to service their debt and pay their bills. The only way to repay all these debts is trough liquidation - bankruptcies, foreclosures, etc. The sooner the bad debt is liquidated, the better for all of us.
__________________
No debt
Reply With Quote