by Owen | Dec 23, 2022 | Avoid Bankruptcy, Bankruptcy
Did you know that the total number of small business bankruptcies in Canada was 13.6% higher in May of 2022 than the previous year? It’s unfortunate that small businesses find themselves in this situation but when small businesses in Canada find themselves struggling...
by Owen | Nov 2, 2022 | Avoid Bankruptcy, Consumer Proposals, Credit Rating
It’s normal to have some debt, whether it’s a mortgage or a car payment, but if you’re waist-deep in credit card and finance company loans and are seeing the debts being carried over month to month without going down, this is understandably frustrating and stressful. ...
by Rebecca Frederick | Mar 29, 2016 | Avoid Bankruptcy
Credit can become a normal part of managing your finances for a working person. A consistent stream of income with salary increases and bonuses make using credit as an advance on these future earnings an easy way to cover immediate expenses when you do not have cash...
by Rebecca Frederick | Mar 1, 2016 | Avoid Bankruptcy, Consolidation Loans, Consumer Proposals, Credit Card, Credit Counselling, Debt Consolidation Canada, How to Get Out of Debt
Credit counselling, orderly payment of debt, and consumer proposals are all useful ways to address a debt problem. The key to selecting the right option is knowing which program is right for you. Informal options include informal debt settlement arrangements and...
by Rebecca Frederick | Jul 29, 2014 | Avoid Bankruptcy, How to Get Out of Debt
This is our second article in our series comparing bankruptcy and proposals discussing some of the differences between bankruptcies and proposals. While both proceedings offer you protection from your creditors under the Bankruptcy and Insolvency Act there are some...
by Rebecca Frederick | Jul 11, 2014 | Avoid Bankruptcy, How to Get Out of Debt
I help people who are in financial difficulty know their options and how to best move forward. The people who come to me for help have usually faced some kind of unforeseen circumstance that has negatively impacted their finances and pushed them into the deep end....
Recent Comments