Financial recovery requires the right tools
Home / Blog / Debt A debt consolidation loan is intended to pay off your other debts so that you have a single monthly payment to make rather than many. It’s usually used in order to consolidate credit card debt. Under the right circumstances, it can be an effective way
Home / Blog / Credit One of the sad facts of life is that very few people are actually taught how to manage their finances. Worse, many people think of money as being a private matter and won’t discuss it even when they know they need help. Small wonder then,
Home / Blog / Credit Companies claiming to offer debt settlement programs have sprung up all across Canada in the last few years. You’ve likely heard one of their ads on the radio…and there’s a good chance you’ve been tempted by their claims. After all, who doesn’t want to save
Home / Blog / Credit Aside from offering help with money management (setting up a budget) and debt counselling (a discussion of your financial options), the main service offered by most credit counselling firms is a debt management plan. This is a monthly repayment plan that the counsellor arranges on
Home / Blog / Debt, Collection A CBC News investigation has discovered some interesting information about debt collectors. They published an article “4 things to know if you’re harassed by debt collectors”. Whether or not you have had dealings with a debt collector, you will find this article worth reading. Click
Home / Blog / Debt Global News has also published an article “Bad Debt” about debt settlement companies. The article is a media interview with a disgruntled and unhappy debtor who has first-hand experience dealing with debt settlement companies. Please Click Here to read the article.
Home / Blog / Debt Sometimes it’s the little things that make a big difference. Here are five easy steps you can take to reduce your debt and set yourself on 5. Say no to plastic—cards, not bags. The credit card itself is never the problem, without discipline they make it
Yes. A Licensed Insolvency Trustee (“LIT”) is the only professional in Canada that is able to help someone who needs to file a bankruptcy. What many do not know is that LITs provide many other services for people and businesses with excessive debt. “For years, we would pay our bills
