How to Stop a Wage Garnishment in Canada
Are you behind in payments to your creditors? Are they starting to threaten wage garnishment? Or, worse, have you already received a notice of garnishment? There is no need to panic just yet. Garnished wages can have a detrimental effect on Canadian families who are already struggling. But there is hope. In this article, we’ll…
Read MorePowell Associates Welcomes Angela Rodgers & David Moffatt As Partners
Robert Powell is pleased to announce that Angela Rodgers and David Moffatt have become part owners of Powell Associates Ltd. Together, Angela, David and Robert now own the firm and will manage it together. Angela is now the President of the firm and David and Robert are Vice Presidents. Robert founded Powell Associates in 2010…
Read MoreCanada Student Loans Forgiveness: What You Need to Know
If you are a Canadian with outstanding student loan debt, you may be eligible for student loan forgiveness. There are many repayment assistance programs that exist both federally and provincially, but most of these programs focus on reducing your student loan debt payments which still leaves you with an outstanding balance on your student debt.…
Read MoreHow To Get Out Of Payday Loan Trouble
Most people are familiar with the term “payday loan” but may not be entirely sure how they work. A payday loan is a type of short-term borrowing where you typically borrow against your next paycheck. We first recommend reading our article on the 10 ways to pay off debt fast, and then come back here!…
Read MoreAvoiding The Debt Consultant Trap
In recent years, the number of debt consultants in Canada has seemingly increased significantly. These businesses claim to offer to help consumers reduce their debt, stop interest, and stop collection calls. These claims seem great – I mean who wouldn’t want all those benefits? The issue is that all of these claims are misleading at…
Read MoreFiling Bankruptcy When Married or Common-Law: What You Need To Know
Filing for bankruptcy is a difficult decision to come to. There are many factors to consider when determining if it’s the right option for you. When you’re married or in a common-law relationship, debt problems become more complicated. Filing bankruptcy as a married person or common-law partner has its own set of concerns that must…
Read MoreHow To Get a Mortgage After Bankruptcy: Mortgage For Bankrupts 101
**Note to reader: This article was written by Alex Lavender, a Halifax-based local mortgage broker. We are asked this question often and thought it would be best to get information directly from an industry professional. If you have any questions about obtaining a mortgage after you have filed for a bankruptcy or consumer proposal, we…
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 MoreConsumer Proposal vs Debt Consolidation
When you are struggling with mounting debt and facing debt problems, it can be difficult to know where to turn. You might have heard of consumer proposals and debt consolidation, but you may not know which option is right for you. In this blog post, we will compare the two options and help you decide…
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