Preparing for Higher Interest Rates When You Are in Debt
Canadians are preparing for higher interest rates. Are you doing everything you can to get ready, too? Big rate hikes are coming for consumers in Canada. In fact, they’re already beginning to appear. The Bank of Canada has been hiking
Eating Healthy on a Budget
Does eating healthy on a budget seem like a goal that’s out of reach for you? After all, a healthy lifestyle does not come cheap. As a Licensed Insolvency Trustee, I counsel many hard-working Canadians on how best to manage
Canadian Bankruptcy Rules
Is your credit card debt so crushing that you don’t see yourself being able to make a dent in it? If so, you should know that the Canadian Bankruptcy Rules were put in place for hard-working debtors just like you.
Expert Halifax Debt Solutions – Help for Single Parents
It’s difficult for any hard-working Canadian to manage their debt. However, a single parent in need of debt solutions has a unique set of challenges to face. Not only are you the sole earner for your entire family, but you’re
What Type of Debt Can I Pay Off With a Consumer Proposal?
Consumer proposals are the number one way to help people get out of debt more easily. They allow you to continue living without the hardship that might be caused by other types of debt proposals. This is because a consumer
New Requirements For Insolvency Counselling In Canada
The Government of Canada has introduced new rules for the mandatory insolvency counselling sessions that are required with every insolvency proceeding. The new directive called 1R4 is being implemented by the Office of the Superintendent of Bankruptcy, (OSB). As of
Holiday Hangover! Recover From Your Christmas Debt!
Buying gifts can be a gratifying experience, especially when you’ve scored so many good deals. But even the best deals can add up for unsuspecting holiday shoppers. If you’re feeling a familiar feeling of dread when you open your credit
Tuition: The Source Of Student Debt
Going to a post-secondary school is a new adventure. It’s a time of discovery. You may discover your passions, your career and even yourself. However, this discovery comes at a price, and every year tuition prices continue to rise. As
Holidays That Don’t Break the Bank
It may be the most wonderful time of the year, but the holidays can also be a major minefield for anyone who wants to have cash left over at the end of it. And as much as you may start
Debt Management: Read This First!
When you are struggling with debt, a helping hand can be a much-needed relief. But, be careful, not all help is good help. Debt management is a well-known debt relief strategy that helps debtors to repay what they owe, but
Separation Can Cause a Financial Crisis
In Canada, 41% of all marriages end in divorce before they reach their 30th anniversary. It is certainly an emotionally draining and devastating experience. However, few people realize that it can also wreak havoc on your financial stability. As a
The Payday Loan – Why Is It So Dangerous?
In Canada, over the past year, internet searches for payday loans have been on the rise. They outnumber searches for every other type of loan including mortgages, student loans, consolidation loans, and car loans. However, as you have probably heard, a