If you’re looking to break free of personal debt once and for all, we can help. We provide debt and bankruptcy solutions that are life-changing and permanent, so you can erase debt from your life.
Debt can be overwhelming. For that reason, our Licensed Insolvency Trustees are always here for you. let’s discuss the options available to you. Your debt-free future starts now.
Equifax Canada and TransUnion Canada are the two main credit bureau companies in Canada.
With a continually increasing cost of living, it’s not always easy to convince yourself to part with the few extra dollars you do have on hand, in order to pay off looming debt. In the long run however, reducing (or even eliminating) your debt load – will put you on track for a far brighter future where financial freedom and long-term goals are much more attainable.
What exactly are your duties during a bankruptcy and what happens if you can’t keep up with them? Both very good questions!
Co-signing or guaranteeing a loan is one of the most dangerous financial decisions you can commit to. When you co-sign or guarantee someone’s loan, you take on all the financial risk, yet receive little or no benefit from the transaction. But in most cases, the guarantee is provided for a loan that a relative or friend has applied for, making it a difficult request to decline.
According to one industry estimate, approximately 7% to 10% of Canadians use payday loans on a fairly regular basis to get by. Payday loan companies often trap low-income earners and cash-strapped individuals. At first, payday loans might seem like a useful quick fix to cash-flow problem, however, that immediate need for cash is the first indicator of debt problem.
Consumers can get the “blues” quickly when bills arrive in mail. With varying payments, due dates and interest rates, keeping track of it all can get very overwhelming. A budget or financial diet can help improve your financial health.
Most people with an addiction to spending do not realize the extent of their spending until their credit cards or lines of credit are maxed out and bill collectors start calling. A spending addiction can begin as early as childhood and may be caused by anxiety, depression, lack of hope or even loneliness.
*310-DEBT doesn’t operate in MB, NW ON and QC.
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