How did I become over-indebted?

Over-indebtedness can happen to anyone and often results from a combination of factors:

• Job loss or reduced income

• Medical emergencies and unexpected expenses

• Divorce or family changes

• Poor financial planning or budgeting

• Reckless lending by credit providers

• Rising interest rates increasing monthly payments

• Life events like having children or caring for family members

The important thing is not how you got here, but how you move forward. Debt counselling provides a legal, structured path back to financial health.