Home / Blog / Debt Finances have a huge impact on relationships and our findings show that debt stress can lead to a marital breakdown. Unfortunately, divorce is often costly in itself, and causes more conflict as assets, debts, and finances need to be separated. Aside from the direct impact to finances, the separation of […]
Debt & Divorce – How To Handle It Read More »
Home / Blog / Debt by Janet Doyle If you’re in need of extra cash quickly it can be easy to make the mistake of falling into a debt trap offered by predatory lenders. Advertisements promise an attractive solution for those with bad credit, but these loans often end up costing thousands of dollars in
How Short Term Loans Become Long Term Debt Read More »
Home / Blog / Debt by Janet Doyle After over 20 years helping people achieve a fresh start through a consumer proposal or a bankruptcy, we’ve found that most people wish they had called us sooner, so why don’t they? The truth is that many people are embarrassed to admit they are not in control
6 Questions About Debt Relief Answered Read More »
After over 20 years helping people achieve a fresh start through a consumer proposal or a bankruptcy, we’ve found that most people wish they had called us sooner, so why don’t they? The truth is that many people are embarrassed to admit they are not in control of their finances and are fearful or embarrassed to ask for help.
6 Questions About Debt Relief Answered Read More »
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
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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
Dealing with income tax debt Read More »
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.
Should I cash in my RRSPs to pay my debts? Read More »
Home / Blog / Financial, Savings, Debtby Marc Rouleau One of the most difficult things we have to do in life is ask for help. Offering help comes to most of us naturally but asking for help, not so much. Many are willing and some able to tough it out and get through rough patches in
What happens when I call Doyle Salewski to ask for help? Read More »
Home / Blog / Debt, Financial, Savings by Marc Rouleau Embarrassment. That is the most common emotion that keeps someone carrying too much debt from asking for help. Granted,we can’t repress how we feel but at what cost? It’s not always blatantly obvious that we are carrying too much debt. Many survive by living pay cheque to pay
The solution for excessive debt: don’t bury your head in the sand Read More »
Home / Blog / Debt, Financialby Marc Rouleau Transunion reported earlier this month that that 26 million Canadians have some form of debt. That’s more than 70% of the entire population (including all children who can’t even contract debt!). Transunion also estimates that bankruptcies would more than double if interest rates increased by 1% point. In other
Did you know 26 Million Canadians carry some form of debt. Read More »
