Financial recovery requires the right tools
Home / Blog / Debt, Financial Debt reduction: a recent survey conducted by a major Canadian bank found that to be the #1 priority for the vast majority of individuals. We often read reports in newspapers, magazines and online that the average Canadian is carrying too much debt in relation to
Home / Blog / Debt, Financial You are not alone. Canadian seniors are currently the fastest growing segment of individuals filing formal proposals and bankruptcies in Canada. The “golden years” are supposed to be about spending more time with family and friends and enjoying life, not working because you have debt to
Home / Blog / Debt, Financial There are few things that cannot be purchased with credit. Whether it’s your morning coffee, a new pair of jeans, a night out with friends or a vacation, cash or a debit card is no longer required to fund lifestyle choices. From the moment someone turns
Home / Blog / Debt, Financial Buyer Beware. That advice has existed since the Middle Ages, a time when snake oil salesmen would travel from village to village with their carts, selling the virtues of the “miracle cure for numerous ailments, from scurvy to blindness”. The more charming they were, the easier
Home / Blog / Debt, Financial Question: It’s 2016. Our culture and society encourage us to push the limits physically, emotionally and financially. The demands of a typical lifestyle can challenge even the best incomes. But what do you do when the pace gets too hectic and the money gets too tight?
Home / Blog / Bankruptcy, Debt If you’re currently in bankruptcy (or you’ve already filed for it) and your financial situation suddenly changes for the better (think inheritance, lottery win, etc.), is there anything you can do to get out of bankruptcy? You’ll be pleased to know that the answer to this
Home / Blog / Bankruptcy, Debt Bankruptcy and consumer proposals can have an impact not just on the person declaring bankruptcy or filing a proposal, but also on anyone who may have cosigned for one of his/her debts as well. Here’s what you and your cosignor need to know: Cosigning
Home / Blog / Financial, Savings If you’re facing financial difficulties and you’re looking for solutions, you may have come across offers to help you set up a debt management program. Essentially, this is an arrangement with your creditors made on your behalf by a credit counsellor or credit consolidation
Home / Blog / Debt Is There a Statute of Limitations on Debt? If you’re haunted by old debts that you’ve defaulted on, you may be wondering if there’s any time limit on how long the company has to come after you for repayment — a statute of limitations on
Home / Blog / Debt Your debts are piling up, you’re beginning to feel overwhelmed, and you want to turn your financial situation around. Congratulations on taking the first step! As fast as you want to make things better, however, we have to be honest with you…it’s not going to
