Can Debt Consolidation Hurt Me Financially?

As of 2019, the average Canadian carried over $20,000 in debt, excluding mortgages. There are several ways to get out of debt and get back on track, financially, including debt consolidation. Many people view debt consolidation as “debt relief,” which isn’t exactly true. In fact, debt consolidation isn’t always the best option. It really depends… Continue reading Can Debt Consolidation Hurt Me Financially?

How Do I Find the Right Debt Consolidation Option for My Debt Situation?

There are several different ways to consolidate debt in Canada. Fortunately, only Bankruptcy Canada’s licensed insolvency trustees are licensed to provide all debt solutions in Canada. As there are a few different ways to deal with debt problems in Canada each has its own pros and cons. Certain individuals will not be eligible for every… Continue reading How Do I Find the Right Debt Consolidation Option for My Debt Situation?