The financial stress of having unmanageable debt can affect our mental and physical health. With Canadian household debt on the rise, many people are wondering how to stop worrying about debt. Find out ways to reduce financial stress and get the debt help you need.
The average household debt in Canada has increased year after year. With higher interest rates it is difficult to maintain a budget in these precarious times. Insolvencies are surging forcing many Canadians into filing Bankruptcy or a Consumer Proposal. Find out how you can protect yourself.
Have you filed a Consumer Proposal and are now in a position where you could increase your monthly payments or pay it off early? Should you take out a loan to complete the Consumer Proposal sooner? Find out the answers to these questions and more from a Licensed Insolvency Trustee.
Is there life after Bankruptcy? How do I file and do I need a Bankruptcy Lawyer or a Bankruptcy Trustee? The Bankruptcy and Insolvency Act governs the process. Find out what happens when you declare Bankruptcy and what your life will look like after you have been discharged.
Are you confused as to where to turn for financial advice to help you get out of debt? Not everyone who calls themselves a debt counsellor or consultant is licensed and regulated. Find out why your first point of contact for debt relief should be with a Licensed Insolvency Trustee.
Increasing our financial literacy can alleviate potential money problems down the road. Being aware of the warning signs of debt can help you avoid Bankruptcy. Here’s a few ways you can start to live within your budget to realize your financial goals.
Canada’s inflation rate continues to rise. Manufacturers are also battling inflation by shrinking the amount of product in our packaging. This is shrinkflation and it is increasing Canada’s grocery prices. Find out how to spot it and how to combat it.
There are many reasons people file for Bankruptcy in Canada. Many have unforeseen factors that force them to declare Bankruptcy. Job loss, marriage breakup, illness are just a few. Find out how Bankruptcy works and why it may be the best debt relief option for you.
If you are in financial trouble you may be wondering when to declare Bankruptcy. Is there a better time of the year to file a personal Bankruptcy? What happens to debt when you file for Bankruptcy? These questions and more are answered in this podcast titled: Why You Should File Bankruptcy Before the End of the Year.
What happens if you are struggling with your mortgage or you can’t make your car loan payment? When will the credit company repossess your vehicle or the bank foreclose on your mortgage? Find out what you can do if you can’t pay your mortgage and if filing a Consumer Proposal or Bankruptcy might be a solution.
