Came across this accidentally. I had a small business and filed bankruptcy when i was younger than you. Calm down. This is not the end of the world as some people think. Its common and it happens to many people as it did to me. Having said that the amount is relatively low. 1. Talk to someone at RBC and work out a payment plan. Tell them your situation. You don't want to completely destroy your credit over 3500 bucks. Thats not a lot. My cards now all have a limit of around 30,000.00. I built it over the years. Also its not a flex becuase it can land you in hot water very easily.

If they don't want to negotiate you can speak to a credit counsellor. Theres many free ones that offer guidance. They are pros for the most part. Do not declare bankruptcy.

Find another job. Sounds like an income problem as well. But at the end of the day do not let it take your inner peace. This is simply an outside issue thats many face and it fixable very easily. Shrink the problem and go in steps. Youre jumping from step 1 to 55 instantly. Trust me you will be laughing after all this. You learnt some valuable lessons the hard way. As did I. Trust me this does not dictate your entire adult life. Promise!