Talk to your creditors and explain your difficulties; consider returning goods; try to negotiate smaller payments over a longer period of time.
Talk to your bankers. Try to arrange a consolidation loan; the bank may charge a lower interest rate than credit cards or other financers and might accept lower periodic payments.
Attend seminars on managing your finances presented by Credit Counselling Services of Alberta Ltd. (CCSA)
Check with your employer to see if there is an employee assistance plan available to provide counselling for financial management.
Obtain credit counselling services from your local family or community association.
Apply to CCSA for a Consolidation Order (Orderly Payment of Debts) allowing you to pay 100% of your debts over an extended period.
Contact a bankruptcy trustee to discuss whether you may be able to:
make an informal arrangement or settlement with your creditors, or
make a proposal under the Bankruptcy and Insolvency Act.
These options are NOT bankruptcy.
There is no charge for a consultation with most bankruptcy trustees listed on this web site.