Most Recent 'Insolvency Blog' Posts

Are you getting hounded day and night by debt collectors, even though you’re trying your hardest to pay back your creditors? If so, you may be looking for any and every way to get the debt collectors to stop harassing you. Below are several methods that can help you stop these anxiety-inducing tactics. Read on […]

The link between unemployment and insolvency Earning a wage enables us to pay for a mortgage, to put food on the table and to pay for clothing, water, gas and electricity. Without a wage, it becomes virtually impossible to cover these costs, and there’s a high risk of getting into debt. If you’re already in […]

Did you know that money is the most common source of stress among Canadian adults? Studies suggest that over 40% of adults consider money worries their most significant stressor, with 51% of people admitting to being embarrassed about their financial situation. We often assume that getting into debt is a form of failure, but it’s […]

Credit card debt is a big problem for Canadians, in general. In fact, as of 2020, Canadians carried about $80,000,000,000 in credit card debt. With so many people struggling to pay their bills, it’s not surprising that living in overdraft is becoming more common. Overdraft occurs when your bank allows you to spend more money […]

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