Ottawa, Ontario, Canada based Collins Barrow Brown Inc has expanded the debt counseling services that they provide to their clients. The company is staffed by professional accountants, and experienced in personal bankruptcy issues. Sarah Johnson, spokesperson for Collins Barrow Brown Inc, explained, "We can help those in debt to stop harassing phone calls and law suits. We've expanded our service reach, to include a number of solutions for debtors, and we can help individuals in many areas."
A study by Statistics Canada shows that more than 70 percent of all Canadian households are in debt, including mortgage debt as well as auto loans, home remodels, and credit cards. The majority of consumers are not bogged down by credit card spending. They are simply not making enough money to cover their living expenses in many cases. At the end of 2014, the combined debt for Canadian wage earners was more than $1 trillion. Today, those earning at least $100,000 or more annually account for nearly 40 percent of Canadian households. Many, however, even in light of being in the top earning positions, are struggling.
Sarah Johnson said, "It's a vicious cycle, and one we're trying to help individuals get out of. Originally, we would find ourselves working with low income earners, but today, our service reach has expanded significantly to include those who earn higher amounts, which are high enough that one wouldn't think they would need debt counseling; but they do."
The study by Statistics Canada, in fact, shows that Americans are saving more money yearly than Canadians. Sarah Johnson states, "We want to help Canadians to lower their debts and begin saving for those rainy days."
Collins Barrow Brown Inc helps consumers to stop wage garnishments and other collection proceedings, by implementing a debt solution that will address individual concerns, and find monthly payments that individuals can afford, rather than watch them drown in debt or file bankruptcy.
The company has expanded its reach substantially over the past few months. They are finding more and more solutions as individual cases come up. More about them and what they can do for debt control can be found on their website.
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Contact Collins Barrow Brown Inc:
Sarah Johnson
613-820-2200
support@
301 Moodie Drive Suite 400 Ottawa, Ontario K2H 9C4
