Irving A. Burton Offers Expert Insights on Consolidation Loans & More
Independent reports indicate that personal debt levels hit a record high in 2012.
(prHWY.com) March 5, 2013 - Ajax, Canada -- Ajax, Ontario (February 8, 2013) - Licensed bankruptcy trustee Irving A. Burton, offers its expert insights on
consolidation loans and debt restructuring.
Independent reports indicate that personal debt levels hit a record high in 2012. Data from Statistics Canada reveal that the household debt to income ratio reached 164.6 per cent, just about the level the United States hit pre-financial crisis. Toronto-Dominion (TD) Bank executive Craig Alexander cautions people to pay off their bills and reduce debts while financial risks have been navigated through so far.
Many people still have difficulty managing or reducing their debts, more so with multiple collection agencies and collectors knocking on their doors. Fortunately, professionals like insolvency counsellors and licensed trustees in bankruptcy offer to help - one is Irving A. Burton. The firm provides assistance for individuals and families to minimise or completely eliminate their financial obligations.
For people with many debts to juggle, debt consolidation loans are a viable option. As the terms imply, it combines or consolidates loans into a single one with more affordable monthly payments and lower interest rates. It comes in different forms, which the licensed trustee offers to help explore and determine which one is most suitable for each individual's circumstances.
Finally, Irving A. Burton also lends a hand to people considering
consolidated credit or managing finances. The firm can help its clients to create stable financial plans, take control over their finances that reduce their debts, and obtain relief from stress among others.
Visit
www.torontobankruptcyadvice.com to learn more.
About Irving A. Burton Limited
The professional team of Irving A. Burton aims to help individuals and companies eliminate their debts and regain control over their finances to get back on their feet. It has been accommodating clients throughout Toronto, Ajax, Oshawa, Scarborough, Whitby, and more. Call its head office at 905-427-6647 today.
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