Is liquidating your assets the best option for you if you are struggling to pay down your debts? What is the better option – bankruptcy or a proposal? How long does it take to complete a bankruptcy? We have the answers you are looking for.

Bankruptcy vs Consumer Proposal

Bankruptcy vs Consumer Proposal

When deciding to file either one of these insolvency options, it is important that you are aware of the differences between them so you can make the best decision for your situation. Choosing the wrong option can have lasting consequences. While both bankruptcies and...

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New Payday Loan Law Protecting Albertans

New Payday Loan Law Protecting Albertans

Payday loans provide short-term financing when people find they have more month left than money. There is now new legislation in place to protect vulnerable Albertans in need of short-term financing to ensure those individuals that need a mid-month advance on their paycheque are protected from excessive fees.

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Retire from Financial Distress – Help for Seniors Dealing with Debt

Retire from Financial Distress – Help for Seniors Dealing with Debt

A fixed income like a government pension, often leaves very little budgeting room for any extras, especially debt repayment with interest. Your golden years should be a relaxing time in your life, but financial distress may be blocking your path to worry-free retirement. What can you do when you are in debt and your retirement dollars are stretched too far?   

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Consumer Proposals and Informal Proposals – Do You Know What You Are Signing?

Consumer Proposals and Informal Proposals – Do You Know What You Are Signing?

Sorting through the many debt consolidation and restructuring options available to Canadians can be a real challenge. Stress-levels are high, money is tight and your hard-earned dollars should go to the program that will best help free you from debt. So how do you know which program will provide the relief that you need? 

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3 qualities to seek out in a financial advisor

3 qualities to seek out in a financial advisor

Are you feeling the pinch financially? When you are having financial troubles it can be hard to know who to turn to for advice. Many challenges in our lives can be discussed with the people closest to us. Whether we are looking for a good mechanic or are having marital problems our support circle of close friends or family help us to work out the solutions to our problems. 

Financial difficulties are one of the few issues where we can choose to suffer in silence to avoid embarrassment rather than discuss them with those that love us most.

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