It’s international worker’s day! I’ve been doing a lot of thinking about financial literacy and debt in the last few months. I had the opportunity to be part of a conversation about debt, bankruptcy and commercial leasing this week, and so did my bankruptcy trustee, Carolyn (thanks so much, Which Nancy and Jen Sungshine!)

Successful “business people” know how to use bankruptcy as a financial tool – worker bees and the precariously employed, so much less so.

Someone asked a question about how you should know if you would benefit from considering bankruptcy or a consumer proposal, and Carolyn said “if you’ve only been making minimum payments for at least six months, it bears considering”.

If this is you, and you want to understand your debt options, please feel free to reach out. I’m happy to have a conversation about my experience and why bankruptcy was the right choice for me.

At the very least, everyone who struggles with financial commitments under capitalism should know their options. Bankruptcy and consumer proposals are important tools, let’s not leave them for the haves …