Leamington
Taking the Bull by the Horns: It’s Time To Deal With Your Debt Load Every new year, we find ourselves making resolutions to better manage our finances. Yet, as the seasons change, our financial struggles seem to remain constant. The 2018 Affordability Index Report revealed that a staggering three-quarters of Canadians are in personal debt. … Read more
Escaping the Pitfall of Debt Consultation Services The financial landscape of Canada has seen a significant surge in the number of debt consultancy services. These entities purport to assist consumers in diminishing their debt, halting interest accumulation, and putting an end to collection calls. While these offerings sound appealing, they can often be misleading, or … Read more
The question of How to Decide if Downsizing Your Home When You’re in Debt Is Worth It is one that has become increasingly pertinent in these financially challenging times. With the COVID-19 pandemic triggering an unprecedented economic downturn, many individuals are considering downsizing to alleviate their financial burdens. However, it’s crucial to understand that this … Read more
Married life brings with it a host of shared experiences and responsibilities. But one question that often arises pertains to the financial aspect – specifically, “Am I Liable for my Spouse’s Business Debt?”. This question introduces a complex landscape of personal and business financial laws and practices. In this article, we delve into the nitty-gritty … Read more
Common Law Spouse & Debts: Who is Responsible For What Debts? Navigating through the financial intricacies of a relationship, especially in a common-law arrangement, can be a tricky road to tread. One of the most pressing questions that often come up is, “Am I Responsible For My Common Law Spouses Debts?” Let’s unravel this complex … Read more
Master the Art of Financial Management: Tips For Avoiding Debt Debt can be a daunting issue that many individuals and families grapple with. But, it doesn’t have to be a permanent fixture in your life. Today, we delve into “30 Practical Tips To Avoid Debt” — a comprehensive guide to empower you to take control … Read more
Understanding Debt Collection Laws in Canada: A Comprehensive Guide Debt collection in Canada can often be a daunting experience for many individuals. Collection agencies, notorious for their tenacity, can create a challenging environment for those in debt. While many agencies operate within the confines of their professional and ethical standards, there have been instances of … Read more
Avoiding Debt Consultant Scams Financial scams are unfortunately all too common in today’s world, and one of the more insidious ones involves so-called “debt consultants”. These individuals or companies promise to help you reduce your debts significantly, often without the need for bankruptcy. However, the reality is often far different. In this article, we’ll explore … Read more
How to Restructure Your Debt Save Money & Get Out of Debt Quickly Debt consolidation is a crucial step towards taking back your finances when you have too many debts to handle. Before you start the process, make sure to review your credit score. Having knowledge of your score can assist in determining the available … Read more
What Debt Help Resources Are Available to Me? We live in a world where financial challenges are commonplace, and dealing with debt has become an essential survival skill. As Licensed Insolvency Trustees, we are equipped with the legal authority and expertise to help you navigate through your financial challenges. Our aim is to educate and … Read more
A Comprehensive Guide to 4 Key Debt Reduction Strategies Dealing with debt can be a daunting task. The lingering thought of pending payments can lead to stress and anxiety. Yet, it doesn’t have to be this way. By adopting savvy debt reduction strategies, it’s possible to regain control over your finances. This comprehensive guide will … Read more
Understanding the Debt Counselling Process in Canada Experiencing financial hardship can be a daunting experience for many Canadians. One of the potential solutions for such predicaments is the Debt Counselling Process. This article aims to guide you through the ins and outs of the Debt Counselling Process, equipping you with the necessary knowledge to regain … Read more
Understanding Your Rights When You Have Credit Card Debt in Canada Credit cards are a double-edged sword. They can be useful tools for managing finances, but they can also lead to debt if not used responsibly. In Canada, credit card users need to understand their rights and responsibilities to protect themselves from falling into a … Read more
Understanding the Statute of Limitations and Debts in BC In the realm of finance and debts, one term that often surfaces is the Statute of Limitations. This term holds considerable significance, particularly for those grappling with debts. This article delves into the concept of the Statute of Limitations and Debts in BC (British Columbia), shedding … Read more
The matter of Why Have Personal Debt Levels Risen So High in Canada is gaining increasing attention as recent data reveals that Canadians are grappling with an escalating debt crisis. The current economic landscape, characterized by high inflation, increased borrowing costs, and a surge in housing prices, paints a worrying picture for the average Canadian … Read more
Understanding the Statute of Limitations for Debts in Ontario When you are dealing with debt, it’s crucial to be aware of the laws and regulations surrounding this issue. In Ontario, the province has its Statute of Limitations that governs the collection of debts. But what does this mean for you? Could there be a time … Read more
Overcoming Financial Anxiety Are you lying awake at night, haunted by the specter of mounting debts? If your financial troubles are causing sleepless nights, you’re not an isolated case. A considerable number of people find themselves in a similar predicament, with financial concerns being a leading cause of insomnia. The phrase “I am So Worried … Read more
Strategies to Manage Debt during Unpredictable Times Navigating through unpredictable times, such as the recent global pandemic, economic recession or a sudden job loss, can be financially challenging. However, with strategic financial management, it’s possible to mitigate these difficulties. This article will guide you on how to manage debt during tough times. Understanding the Impact … Read more
Embrace a Debt-Free Lifestyle: A Comprehensive Guide on How to Pay Off Debt and Live Your Desired Lifestyle Living debt-free is a goal many of us aspire to, but achieving this can feel like a daunting task. However, with a bit of careful planning and discipline, it is possible to pay off your debts and … Read more
Initiating the Conversation About Your Financial Debts Unveiling your financial burdens, such as debts, to your loved ones can feel immensely daunting. However, it’s an essential step towards financial recovery. Here’s a comprehensive guide on how to tell someone you’re in debt. 1. Preparing for the Money Talk Instead of abruptly discussing your monetary issues, … Read more
