One of the most important things you can do to live a healthy, happy and secure life is to develop basic personal financial skills. In today’s podcast Licensed Insolvency Trustee, John Adamson, shares his thoughts on how to make budgeting as stress-free as possible.
A recent survey showed that 43% of Canadians added to their existing debt thanks to the pandemic. In this podcast, John Adamson, Licensed Insolvency Trustee, discusses the two most popular options of debt relief. Today’s discussion focuses on the differences between filing a Consumer Proposal and Bankruptcy.
Money clearly plays a significant role in marriage and is the number one issue married couples fight about. Financial problems are one of the leading causes of divorce which is why it’s so important that you address problems that arise. In today’s podcast, Licensed Insolvency Trustee Derek Chase discusses how financial stress affects relationships.
If you are one of the nearly three-quarters of Canadians that have some type of outstanding debt – saving money might seem inconceivable. But financial advisers stress the importance of having emergency savings – even a small amount.
With the rising cost of housing, groceries and fuel many Canadians are watching their debt load increase and are exploring solutions that can eliminate debt. The top 2 insolvency options available to Canadians are filing a Bankruptcy and Consumer Proposal. Both are able to resolve debt problems and provide legal protection from creditors.
Many Canadians are juggling their finances – trying to keep all their payments current. But if you have become delinquent on any of those credit accounts – that debt may wind up in collections. This means your original lender has sent your account to a collection agency who will contact you repeatedly in an effort to see the debt paid.
