25 Important Questions to Ask a Licensed Insolvency Trustee
Are you considering consulting with a Licensed Insolvency Trustee (LIT) to help with your debt relief needs? If so, we’re sure you have a list of questions about the process. Below are 25 questions we think you may want to add to that list. Since each person’s financial situation is different, we’re not going to…
Read MoreAm 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 MorePersonal Bankruptcy in Canada – Top 20 FAQs to Consider
If you’re struggling to pay your bills every month, you may be thinking about bankruptcy to help you relieve these financial pressures. Filing for personal bankruptcy can be a viable option if you have unsecured debt you can’t pay and you’re worried about legal actions your creditors may initiate. As with any life decision this…
Read MoreHow Much Does a Consumer Proposal Cost?
Is your debt load getting to be too much for you to bear? Are you tired of being harrassed at home for debt payments there’s no way you’re able to make? A consumer proposal may just be the solution you’re looking for. If you’re already struggling to pay bills, though, you may be wondering: “How…
Read MoreWhat is the Statute of Limitations on Debt in Canada?
The statute of limitations on debt in Canada is the period of time during which a creditor (the entity that extended the credit) can legally enforce the collection of a debt. This period of time depends on several things, including the province you live in and the type of debt you (the debtor) owe. In…
Read MoreWhat is the Average Credit Score in Canada by Age?
Unfortunately, your credit score can influence many decisions you make in life. Where you’ll live, what jobs you may qualify for, and even how you get to work can all be influenced by your credit score. Knowing the average credit score in Canada by age can help you determine if you’re moving in the right…
Read MoreDebt Consolidation in Nova Scotia: Find Relief & Regain Control
In Nova Scotia, where coastal beauty meets a rich cultural heritage, the picturesque landscape can often mask the silent struggle faced by many grappling with overwhelming debt. The burden of debt infiltrates every facet of life, extending beyond the financial realm and into your relationships and overall well-being. This article dives into the Nova Scotia…
Read MoreConsumer Proposal in Nova Scotia: A True Path to Debt Relief
The weight of overwhelming debt can cast a dark cloud over every aspect of life. The stress of excessive debt takes a heavy toll on more than the numbers in your bank account, affecting relationships and emotional well-being. Amid the storm of financial hardship that can affect individuals and families alike, a consumer proposal in…
Read MoreBankruptcy in Nova Scotia as a Path to Financial Recovery
Many individuals and families grapple with the crushing burden of overwhelming debt. It’s a burden that transcends numbers on a spreadsheet and impacts emotional and practical aspects of life. This article explores potential strategies for navigating the darkest financial times, providing a deeper understanding of bankruptcy as a last resort option. While this strategy isn’t…
Read MoreDebt Relief in Nova Scotia – An End to Your Financial Burdens
The burden of overwhelming debt affects numerous individuals and families in Nova Scotia, casting a long and dark shadow over the lives of those caught in its grasp. Trying to get out from under the crushing weight of financial hardship can be stressful. From relentless collection calls to its emotional impact, debt is a struggle…
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