I Need Financial Help Immediately In Canada

Facing Financial Hardship? Discover Immediate Assistance Options in Canada When unforeseen circumstances arise, finding yourself in dire financial straits can be overwhelming. Whether it’s a job loss, medical emergency, or any other unexpected event, the need for immediate financial assistance is a reality many Canadians face. In such situations, it’s crucial to be aware of … Read more

A Housing Bubble & High Interest Rates Could Lead to a Flood of Financial Difficulties

The Canadian housing market has been a hot topic for many years, with the current pandemic intensifying the crisis. Predictions for the future of housing prices are not optimistic, with an anticipated continuous rise in 2022, and an impending market crash that could potentially trigger a recession. Understanding Housing Bubbles A housing bubble occurs when … Read more

Albertans Face Bleak Debt Outlook

Alberta’s residents are grappling with an increasingly dire financial situation, as the province’s economy continues to falter. This article aims to provide an in-depth analysis of the current economic conditions in the province, highlighting the factors contributing to the bleak debt outlook faced by Albertans. Increased Concern Over Potential Rate Hikes It appears that the … Read more

More Canadians say necessities such as food, housing and transportation are less affordable

The Rising Cost of Living in Canada: A Deep Dive into the Affordability Crisis Canadian citizens are grappling with an escalating cost of living crisis, as necessities like food, housing, and transportation are becoming less affordable. This article delves into this pressing issue, highlighting the impact on citizens’ wallets and the broader Canadian economy. Overview … Read more

Condo & Strata Maintenance Fees Arrears

Condo and strata maintenance fees are essential for the smooth operation and upkeep of communal properties. However, life’s unexpected challenges can sometimes make it difficult to keep up with these payments. Falling behind on condo or strata fees can lead to serious consequences, including legal action. In this article, we will explore strategies to catch … Read more

What Will Happen If I’m Unable to Pay My Debt?

Dealing with debt can be overwhelming and stressful, especially when circumstances prevent you from making timely payments. Life is unpredictable, and unexpected events like job loss, medical emergencies, or other financial challenges can make it difficult to meet your financial obligations. If you find yourself unable to pay your debt, it’s essential to understand the … Read more

Are you in debt? You’re hardly alone

A recent study by Manulife Bank revealed a startling fact: more than half of Canadians (53%) have some form of non-mortgage-related debt. While credit card debt has seen a decline, other types of debt like personal loans, home equity lines of credit, and the like have seen an increase. This signals a shift in debt … Read more

Consumed by debt?

A Comprehensive Guide to Navigating Financial Challenges We all face financial challenges at various points in our lives. It could be a sudden job loss, unexpected medical bills, or simply poor financial management that lands us in a crisis. Regardless of the cause, if you find yourself consumed by debt, there are options available to … Read more

My Debts Are Getting Out of Control

A Comprehensive Guide to Debt Management Are you feeling overwhelmed by the mounting debts in your life and don’t know where to start? It’s quite common to find yourself in a situation where your debts are getting out of control. But fret not, handling escalating debts can be simplified with the right approach, tools, and … Read more

Get Out of Gambling Debt

Overcoming Gambling Debt: Comprehensive Guide to Debt Forgiveness Programs Gambling debt has become a significant issue, impacting over 300,000 Canadians. While it starts as an occasional fun activity for many, it can quickly escalate, turning into an addiction and causing severe financial distress. This article provides a comprehensive guide on how to get out of … Read more

Being Sued or Threatened Over A Debt?

Facing Legal Action Over A Debt? Consider Your Options Dealing with financial obligations can be overwhelming, especially when you’re in a position where you’re threatened with a lawsuit due to an overdue debt. This article aims to provide comprehensive information on how to navigate through such a situation and explore the possibility of filing for … Read more

Rolling Debt into a Mortgage

Consolidating your debt by rolling it into your mortgage can be an advantageous financial strategy for homeowners. This process, also known as a debt consolidation mortgage, can assist you in managing your debts more effectively. However, it’s crucial to understand the ins and outs before proceeding. This article will walk you through the process, benefits, … Read more

Fear of Missing Out (FOMO) and Debt

Combating the Anxiety of Missing Out and Financial Obligations The pervasive phenomenon of Fear of Missing Out (FOMO) is more prevalent in today’s society than ever before. A recent poll by Credit Karma involving 1,050 Canadians aged 19-39 disclosed that half of the young adults incurred debt to stay in sync with their peers’ lifestyle. … Read more

Your Debt Collection Questions Answered

Understanding Debt Collection: Your Questions Answered Life can be unpredictable and often lead to financial instability. Even the most financially stable individuals may find themselves dealing with debts and collection agencies. This article aims to tackle common Debt Collection Questions and provide you with the necessary knowledge to navigate such situations. Regulation of Debt Collection … Read more

Will My Debt Be Passed On To My Children?

The question, “Will my debt be passed on to my children?” lingers in the minds of many. As daunting as the idea of leaving behind debt for your children to handle is, it’s important to understand the implications, legalities, and potential resolutions. This article will help you understand the complexities associated with debt inheritance, and … Read more

What to Do if You Have Too Much Debt

Addressing an Overwhelming Debt Issue Every person has, at some point in their life, faced a financial crunch. Being in debt can be daunting, especially if it’s mounting to the point where it’s taking over your life. Ignoring the problem may seem like an easy way out, but it only provides temporary relief. Sooner or … Read more

What To Do if You’re Facing Wage Garnishment

Navigating the Complexities of Wage Garnishment: Steps to Take Facing wage garnishment can be a daunting experience, causing significant financial strain. This guide will explore wage garnishment, its implications, and what steps you can take to cope with this situation. Understanding Wage Garnishment Wage garnishment is a legal mechanism used by creditors to recover their … Read more

What is a Writ?

Understanding Writs: A Comprehensive Guide When we talk about legal orders or commands, the term “writ” frequently comes up. But What is a Writ? This article aims to shed light on this term, its types, and its implications, particularly in the realm of financial debt. 1. Defining a Writ A writ, in the broadest sense, … Read more