2025-06-25
How to budget for inflation
The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.
What Should You Do When Facing Excessive Debt
2014-08-25
- The causes of excessive debt in Canada vary widely, with many factors coming into play. When burdened with heavy debt, it can be difficult to see clearly and know where to start. Here are a few tips to help you:
- The first thing to do is admit that you are facing financial difficulties by taking a look at those elements around you which confirm this fact (late bills, calls from creditors, minimum payments to creditors).
- Then analyze your financial situation by preparing a balance sheet and establishing a budget. You will be able to see your situation more clearly and compare your assets and liabilities.
- Once you have all the necessary information concerning your financial situation (e.g. your budget and balance sheet), you can contact a qualified insolvency advisor for a free consultation. During this consultation, we will evaluate your financial situation and discuss the different options at your disposition, thereby giving you a full grasp of all the information concerning your financial situation.
Latest Blog Posts
2025-06-19
Options to consider if you can’t pay back your student loans
With the school year beginning and thousands of Canadian students beginning a new semester of post-secondary studies, all those hard-earned dollars from summer gigs are now being applied to tuition, books, transportation, housing, and supplies.
2025-06-16
What are the pros and cons of a Consumer Proposal?
Bankruptcy Alternatives to Bankruptcy
Let’s review what a Consumer Proposal is, as well as the pros and cons of filing a Proposal, to help you determine if it’s the right solution for your unique situation.
