The causes of
financial problems

Financial problems and their consequences

Having financial problems means being unable to pay debts over the short or long term.

Debt complicates financial management and limits purchasing power. Financial difficulties become a source of stress until all debts are paid. A solution must be developed so debts can be reimbursed. However, several factors need to be taken into consideration, including the cause of the financial problems.

When financial problems arise

Financial problems occur for many reasons. Often, they occur after personal or professional problems. Sometimes while we try to solve these problems, we lose sight of our financial situation and debts pile up. Financial difficulties may mean the situation gets out of control, before there is time to find a solution. At such times, the advice of a Ginsberg Gingras professional can provide invaluable help to solve financial problems

At such times, the advice of a Ginsberg Gingras professional can provide invaluable help to solve financial problems.

All financial problems have solutions

your reality.

If your debts are creating difficulties for you, our professionals will help you overcome your financial problems through a solution adapted to your reality

You can concentrate on your personal or professional situation without being troubled by financial issues. Everything will seem simpler and easier to deal with.

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What are the main causes of financial difficulties?

  • Job loss
  • Reduction in income
  • Separation or divorce
  • Illnes
  • Work accident
  • Student debts
  • Poor financial management
  • Inappropriate use of credit
  • Fraud or scams
  • Gambling problems
  • Alcoholism
  • Drug addiction

How can we help you?

Financial problems have many causes and none is bad in itself. There is no shame in having financial difficulties, no matter their scope or origin.

What is important is that you are able to pay off your debts, stop suffering from financial problems and return to a decent quality of life.

It is best to get help from a professional to solve your financial problems and stop needlessly carrying this burden. There are many solutions and we will find the one that meets your needs perfectly.

Let’s start with a free consultation

The objective of the first meeting is to evaluate your situation and identify measures to solve your financial problems.

To do this, a Ginsberg Gingras licensed insolvency trustee (LIT) will take the time to listen to you, in order to understand the source of your financial difficulties and their impacts. He or she will analyze your debts and routine expenses based on your income. Together, you’ll come up with a budget to help you manage your finances well.

This complete evaluation will allow our professional to recommend possible solutions so you can reimburse your debts. He or she will take the time to explain the effects on your household budget and their benefits. You will be able to make an informed decision in order to solve your financial problems.