Debt
Am I Responsible For My Spouse’s Debt In Canada?
Maintaining a high credit score and a low debt-to-income ratio can be difficult and stressful. It can be even more stressful if a spouse has taken on more debt than they can afford, either before your marriage or during. If you’re worried that your spouse’s spending habits may affect your credit rating or personal finances,…
Read MoreNavigating the Landscape of Credit Card Debt in Canada
Credit card debt is a prevalent financial concern for countless individuals and families. More Canadians than ever are relying on credit cards as the allure of making purchases with borrowed money is compelling. Understanding the gravity of credit card debt in Canada is crucial in today’s economic landscape. This article explores the implications of this…
Read MoreDebt Consolidation Loans & Bad Credit
If you have bad credit, you may feel like you are out of options when consolidating your debt. However, this is not the case! There are several ways that you can consolidate your debt, even if you have a low credit score. In fact, Debt consolidation is one of the methods we discuss in our…
Read MoreCan I Inherit Debt After Someone’s Death in Canada?
Can I Inherit Debt After Someone’s Death? This is a common question asked by those who are appointed executors of a deceased person’s estate, those worried about dying in debt, and by curious minds. We will endeavour to answer this question in this article. While it may seem like a straightforward question, there are many…
Read More10 Ways to Pay Off Debt Faster – Canada Edition
Are you struggling to pay off your debt or facing a major debt repayment you are not sure how to navigate? If so, you’re not alone. Millions of Canadians are in the same boat. But don’t worry – there are plenty of ways to pay off your debt faster. As Licensed Insolvency Trustees we are…
Read MoreFinancial Deep Cleaning Series – Part 1
Part 1 – Get Rid of the Junk. “Individually, these small things likely don’t disrupt your day-to-day financial well-being.”
Read MoreHelping families with high energy prices through the 2020 New Brunswick Home Energy Assistance Program
The New Brunswick government is offering a one-time benefit of $100 to help low-income families with their home energy bills.
Read More6 Options To Help Decide How to Spend Your Tax Refund
Your income tax refund is not new-found money. It is money that you have been lending to the government for the past 12-16 months. Make sure this money works for you and improves your life.
Read MoreHow to Avoid Bankruptcy
You can’t go bankrupt if you have no debt! Bankruptcy is a relief valve for people and companies who find themselves unable to cope with overwhelming debts. Bankruptcy is not necessarily the only option for resolving debts, but the availability of other options depends on individual circumstances. The sooner you identify and get assistance with your debts, the more options you have.
Read More2016 New Brunswick Home Energy Assistance Program (HEAP)
The New Brunswick government is offering a one-time benefit of $100 to help low-income families with their home energy bills. The government has had similar programs in the past to help families offset some of the cost of heating their residence.
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