Your Credit Report and Credit Score Explained
Home / Blog / Creditby Janet Doyle Everyone has one – a credit report, and a resulting score. From the time a Canadian consumer turns 18, credit becomes a very important number that has a huge effect on their life. You need credit for leases like homes or vehicles, or to apply for a mortgage. […]
Doyle Salewski Supports Local Military Families with Donation to Petawawa Military Family Resource Centre
Home / Blog / Donations Ottawa, Ontario, February 26, 2019 – Doyle Salewski, a leading provider of financial consulting and restructuring services in Eastern Ontario and Western Québec, believes strongly in supporting the communities it serves. As credit counsellors and licensed insolvency trustee, the staff at Doyle Salewski understand that financial difficulties and debt stress affect people from all […]
Avoiding the January credit hangover: tips to curb Holiday spending
Home / Blog / Savings, Financialby Marc Rouleau Time seems to fly at this time of year. One minute we are raking leaves, taking fall hikes, and enjoying the warm sun on our face and the next we are putting snow tires on the car, breaking out the toques, boots and warm sweaters and shoveling snow. The […]
Can I file for bankruptcy in Canada if I’m living abroad?
Home / Blog / Bankruptcy, Financial Financial troubles don’t end at borders—or even oceans. If you’re a Canadian citizen no longer living in the country, and you still have debts in Canada that you are unable to pay, you may be wondering whether or not you can file for bankruptcy. The answer is that it […]
Get out of debt with help from a Licenced Insolvency Trustee
Home / Blog / Dept, Financial Falling into debt is more common than you’d think. According to the CBC, the average Canadian owes $22,000 in non-mortgage debt. What’s more, Canadians, on average, owe $1.67 for every dollar of income. The reason for this is fairly simple: while the average Canadian wage hasn’t increased in real […]
Dealing with income tax debt
Home / Blog / Tax, Dept, Financial Question: It’s spring across Canada which also means it’s tax season. A deep “sigh” may be your initial response. You may be in the process of filing your tax returns or you may have already filed and received your 2016 tax assessment and refund. You are ahead of […]
Why did CRA register a lien on my home?
Home / Blog / Lien, Financial by Marc Rouleau Arguably, April is not the happiest time of the year. Plenty of grey rainy days combined with the fact that the deadline for filing our 2016 tax returns is looming large. Some may still owe personal income tax from prior years or perhaps haven’t filed them yet because […]
Should I cash in my RRSPs to pay my debts?
Home / Blog / RRSP, Debt A survey conducted by a major bank concluded that almost 40% of Canadians admit they’ve cashed in part of their Registered Retirement Savings Plan (RRSP) well before retirement. Many feel they don’t have a choice. Most aren’t using their RRSPs to take trips, buy cars or renovate their homes. […]
I’ve heard about a debt consolidation solution that only a Licensed Insolvency Trustee can help me file called a Consumer Proposal. How do I go about doing that?
Home / Blog / Consumer Proposal by Marc Rouleau Like many people, you’ve been doing research on the Internet or perhaps asking family and friends for advice. You’ve decided that a consumer proposal might be the best way to deal with your debt stress and get you back on your feet financially. Good for you! The decision […]
What is a consumer proposal?
Home / Blog / Consumer Proposal “I know I can file a bankruptcy with a Licensed Insolvency Trustee (“LIT”) but I don’t like that option. I’ve heard about a sort of consolidation an LIT can also help me file called a consumer proposal. What is that exactly?” If you are having some financial trouble and are unable […]