No one wants to retire with debt. But the reality is that many Canadians do. Find out what your options are if your debt is unmanageable after your retirement.
There are many reasons for debt such as student loans, home repairs, daily expenses and unpaid taxes. Learn about debt relief programs and debt services that are available to help Canadians deal with their debt.
If you’re finding your debt impossible to manage, you may be wondering if there are any Canadian government grants available to help you pay off your debt. The experts at Allan Marshall & Associates explain how government grants work and other types of debt relief you have to consider. Find out more.
CERB (Canada Emergency Response Benefit) provided much needed relief to working Canadians hard-hit by the Covid-19 pandemic. Eligible recipients could receive $2,000 per four week period. Unfortunately, the government...
The economic problems caused by the pandemic have led to a rise in personal insolvency in New Brunswick and elsewhere. The end of government support like CERB and CRB, inflation, and interest rate hikes have caused financial problems for many people in New Brunswick.
A personal financial crisis can be caused by various life events, in which your financial security is at risk. Perhaps you've experienced job loss or illness which has affected your income, or the COVID-19 pandemic has...
Nova Scotia was one of two provinces in Canada that typically didn’t allow employees in the collection agency to work from home. This changed in October 2021, with an amendment to the Collection and Debt Management Agencies Act allowing Nova Scotia debt management agents to work remotely.
The rising cost of living has affected electricity bill prices. If you struggle to keep on top of your utility bill payments, you may get put on an electricity load limiter. The experts at Allan Marshall & Associate explain how electricity load limiter and how a Licensed Insolvency Trustee can help you.
If you’re finding your student loan repayments too much to manage, you may be considering a loan Repayment Assistance Plan (RAP). The experts at Allan Marshall & Associates cover how a RAP works and how a Licensed Insolvency Trustee can support you.
How do you find your debt to income ratio? It’s a simple calculation. It’s also an important number. In addition to your credit score, lenders use it and you should, too. If your debt to income ratio is low, under 36 percent according to experts, that’s good. If you pay your bills on time, you should receive the most favorable credit terms. It tells lenders that you are using credit responsibly and that you will be able to pay them back.
Addiction like online gambling and shopping implies financial loss and can result in several overwhelming consequences. Here’s what you can do to help overcome your addiction and struggle with debt.