Making Time to Deal With Your Debt

Allocating Time to Address your Financial Obligations Dealing with financial obligations, especially debt, can feel as daunting as a trip to the dentist. However, with the right approach and time management, you can successfully navigate your way out of debt. The key here is making time to deal with your debt. Time: The Ultimate Resource … Read more

Managing Money and Debt Wisely

Master the Art of Financial Management and Debt Handling As we step into another significant year of promoting Financial Literacy, it brings joy to see numerous events across the globe dedicated to the cause. As an advocate of financial literacy, I am thrilled about the opportunity to connect with various individuals and groups who are … Read more

Mandatory Credit Counselling

Understanding Mandatory Credit Counselling: Its Implications and Importance Undeniably, the world of finance can be a complex and uncertain domain for many. However, when financial woes lead to bankruptcy or a consumer proposal, understanding the process becomes crucial. One such aspect that is often misunderstood or overlooked is Mandatory Credit Counselling. This article aims to … Read more

Marriage And Debt Problems

How to Navigate Debt Problems in a Marriage Are you gearing up for the journey down the aisle? That’s terrific news! But in the midst of your joyous preparations, it’s crucial to pay heed to an often overlooked aspect – Marriage And Debt Problems. It’s commendable that you are looking to address this situation before … Read more

Options for Debt Forgiveness in Canada

Exploring Your Choices for Debt Forgiveness in Canada If you find yourself burdened with debts and are exploring options for relief, it’s important to learn about your options for debt forgiveness in Canada. This article will guide you through the various routes you can take to find financial respite and start afresh. Bear in mind … Read more

Less Debt With a Consumer Proposal

How a Consumer Proposal is Your Path Towards Financial Freedom Suppose you and I were to converse over a cup of coffee discussing our financial landscapes. Our discussion might steer towards an intriguing financial mechanism known as a Consumer Proposal. This is an officially sanctioned legal recourse that can alleviate a substantial portion of your … Read more

Lien on Property

In times of financial uncertainty, the last thing you need is the threat of a lien on your property. This article aims to shed light on the mechanics behind a lien on property, its implications and the preventive measures you can take. What Exactly is a Lien on Property? A lien on property is essentially … Read more

Life After a Consumer Proposal

A Consumer Proposal is a legal agreement set up by a Licensed Insolvency Trustee. The agreement consists of a plan of action that allows you to pay back a portion of the debt you owe, thus giving you a fresh financial start. But what about life after a consumer proposal? Does it mean an end … Read more

Credit Post Debt

Life After Debt: I’ve Decided To Get Credit Again, How Do I Manage It? After resolving a bankruptcy or a consumer proposal, the thought of applying for new credit can stir different emotions in different people. Some may feel uneasy, while others may view it as a necessary step towards a fresh start. No matter … Read more

Life After Debt

Embracing Life Post Debt: Advancing Financially and Emotionally Embarking on a journey of financial freedom after clearing debt can be daunting. The challenge lies in maintaining the newfound freedom and preventing a fall back into the old debt cycle. As we navigate through life post-debt, it’s crucial to understand the significance of financial decisions that … Read more

Knowing When To File A Consumer Proposal Or Opt For A Debt Management Plan

Understanding Your Options: Consumer Proposal vs Debt Management Plan In the realm of managing debts, Knowing When To File A Consumer Proposal Or Opt For A Debt Management Plan can be a critical decision. A proper understanding of these financial tools can play a significant role in shaping your financial future. Identifying Your Financial Status … Read more

Is There a Statute of Limitations in BC?

Understanding the Statute of Limitations in British Columbia The concept of a statute of limitations is a legal principle that can be complex for many people to grasp. If you’ve ever asked, “Is There a Statute of Limitations in BC?” this piece will provide an in-depth analysis of the subject. What Does the Statute of … Read more

Is There Such A Thing As A Good Payday Loan?

Imagine this scenario: You’re a week away from your next paycheque, and your car suddenly breaks down. The mechanic’s estimate stands at $750, but you only have $500 left for the week. Your bills are due tomorrow, amounting to at least $350, leaving you penniless. Your pantry is empty, and you need to feed your … Read more

Is There Tax Savings for the Interest on Student Loan Debt? Find Out Here!

Reducing the Financial Burden: Exploring Tax Savings for Interest on Student Loan Debt Higher education is undoubtedly a valuable asset in today’s job market, but it doesn’t come cheap. The burden of student loan debt is a significant concern for many Canadian graduates. So, how can you lighten the load? One way is by understanding … Read more

Is Your Credit Card Debt Getting the Best of You?

What to Do When Credit Card Debt is Taking Over Credit card debt can sneak up on anyone and before you recognize it, you can be buried under a pile of debt with no clear exit. Excessive debt can lead to lower credit scores, costly monthly payments, and in worst cases, bankruptcy. But, the good … Read more

Joint Debt Problems – How to Deal With and Avoid Joint Debts

Joint Debt Problems: A Comprehensive Guide on How to Deal With and Avoid Joint Debts When a loved one passes away, dealing with the financial aftermath can be a confusing, stressful, and often overwhelming process. One of the most challenging aspects is dealing with joint debt problems. In this comprehensive guide, we’ll explore what happens … Read more

Understanding Judgements, Liens, and Garnishments in Canada

Judgements, Liens, and Garnishments Financial hardships can strike any time, leading to complex legal situations such as judgements, liens, and wage garnishments. It’s crucial to comprehend these terms and your rights if you ever find yourself in such circumstances. This article aims to provide a comprehensive guide about these financial terms and the actions you … Read more

Keeping Good Financial Records

Why It’s Important To Keep Proper Financial Records‍ In the modern era, where digital transactions are gradually replacing paper bills, keeping good financial records becomes an essential skill. Whether it’s sorting through stacks of traditional paper bills or managing countless online transactions, maintaining an organized record of your financial dealings can save you time, money, … Read more