B. C’s Consumer Insolvency Rates Declined in 2016. That’s a Good Thing Isn’t It?
Lana Gilbertson-5635; Lana Gilbertson 5635
2017-03-15T20:00:00Z 3/15/2017 8:00:00 PM

While consumer insolvency rates continue to increase in many provinces, consumer insolvencies (bankruptcies and Consumer Proposals) filed in B.C. were down almost 7% from 2015.

Categories: Bankruptcy
Did Holiday Spending Leave You in a Financial Pinch?
Lana Gilbertson-5635; Lana Gilbertson 5635
2017-01-30T16:00:00Z 1/30/2017 4:00:00 PM

As Canadians struggle under the pressure of an ever-increasing cost-of-living and a sluggish economy, many find this time of year especially difficult as they try to navigate around the costs of debt.

Categories: Press and Media;Debt Help
How to Survive the Holiday Season Without Breaking the Bank
Lana Gilbertson-5635; Lana Gilbertson 5635
2016-12-14T21:00:00Z 12/14/2016 9:00:00 PM

With the holidays around the corner, financially strapped Canadian families are wondering how to make it through without breaking the bank.

Categories: Lifestyle Debt;Debt Help
Overspending on the Holidays: Unexpected Expenses Can Cost Canadians More Than They Think
Lana Gilbertson-5635; Lana Gilbertson 5635
2016-12-06T16:00:00Z 12/6/2016 4:00:00 PM

Canadians plan to spend 17 per cent more this Christmas than last, according to Accenture’s annual Canada Holiday Shopping Survey, an average of $873 compared to the $744 they expected to spend last year.

Nearly half of all homeowners are concerned about their ability to make their mortgage payments when interest rates rise: survey
Lana Gilbertson-5635; Lana Gilbertson 5635
2016-11-11T15:00:00Z 11/11/2016 3:00:00 PM

Nearly half (47 per cent) of all homeowners with a mortgage agree in that they’re concerned about their ability to make their mortgage payments when interest rates rise, according to a survey conducted by MNP Debt.

Categories: Press and Media;Lifestyle Debt;In the Community;Debt Help
Economic Change is On the Horizon
Lana Gilbertson-5635; Lana Gilbertson 5635
2016-10-18T15:00:00Z 10/18/2016 3:00:00 PM

Fortunately, there are some simple steps that British Columbians can take to be more financially prepared for a shift in our economy.

Categories: Debt Help
Cool off your Spending after Filing a Consumer Proposal
Lana Gilbertson-5635 Lana Gilbertson 5635
2016-07-11T17:00:00Z 7/11/2016 5:00:00 PM

Consumer Proposals are the leading alternative to bankruptcy in Canada for individuals who wish to negotiate a more favourable debt repayment plan with their unsecured creditors. Under a Consumer Proposal, most consumers are able to reduce their unsecured debt by up to 80%, freeing up their cash flow to better manage basic living expenses. While a Consumer Proposal can free up cash flow, it doesn’t solve a spending problem. Now that you’re back on track for a strong financial future, consider these tips to cool off your spending after filing a Consumer Proposal.

Categories: Consumer Proposal;Alternatives to Bankruptcy
Debt: How Much is Too Much?
Lana Gilbertson-5635 Lana Gilbertson 5635
2016-04-29T15:00:00Z 4/29/2016 3:00:00 PM

Nowadays, most Canadians carry some form of consumer debt. Credit, when used wisely, can be a good thing. But many Canadians are over-extended, financially stressed and struggling to perform a delicate fiscal balancing act. If you are concerned about debt and are beginning to wonder how much debt is too much, here are a few questions to ponder.

Categories: Debt Help
7 Tips to Help You Spend Responsibly This Holiday Season
Lana Gilbertson-5635 Lana Gilbertson 5635
2015-12-17T21:00:00Z 12/17/2015 9:00:00 PM

It is hard to believe that Christmas is only two weeks away, but step into any retail establishment and you’ll be sure to notice the holiday displays and buzz.

Categories: Lifestyle Debt;Bankruptcy
Canadians and Credit Debt
Lana Gilbertson-5635 Lana Gilbertson 5635
2015-10-05T20:00:00Z 10/5/2015 8:00:00 PM

There’s no denying it, many Canadians are currently experiencing financial distress. According to Statistics Canada, the household debt in Canada is at the highest level even when measured as a portion of disposable income in 2015’s second quarter.

Categories: British Columbia;Debt;Video

Filter Results