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...

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...
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.
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.
If your reasons for seeking professional financial help have to do more with overwhelming debt and less with investment advice, an LIT may be a better fit for you. Licensed Insolvency Trustees (LITs) are federally licensed and regulated professionals who provide financial advice and services to individuals and businesses with debt problems.
If you take a look at Canada’s National Debt clock, you’ll find that our nation’s federal debt levels are currently over $1.1 trillion. You’ll also see that “Your Share” is over $30,000. But what does that...
Whether you are Insolvent or not, does not depend on whether you haven’t missed any payments. It’s a legal definition out of the Bankruptcy and Insolvency Act. The same Canadian law that gives Licensed Insolvency Trustees, and ONLY Licensed Insolvency Trustees, the know-how and means to give you the best advice on how to deal with your financial situation. Don’t accept any substitutes!
Do you owe taxes that you are unable to pay?
Are you dealing with financial hardship and struggling to pay your bills every month? It doesn’t have to be this way. There are various Canadian debt relief programs that can help you get rid of your...
Are you ever surprised by the cost of your groceries when you go to check out? Do you do a double-take when you see the rising cost of home prices? Do you question the barista when you hear the price of your regular...