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What should I do when my employer files for bankruptcy?
30/05/2016
Bankruptcy
It’s 8:00 am on Monday morning and you arrive at work ready to start the week, only to find that all staff have been summoned immediately to an emergency meeting in the staff room. Amid whispers of what could possibly be going on, you head into the meeting...
Read More arrow_forwardThe Benefits Of Pooling All Your Debt Into One Pot
26/05/2016
Grant Bazian
Debt Solutions
As the price of living continues to increase across the country, along with an inflated housing market, many Canadians find themselves relying on credit to carry them through major events, expenses and sometimes even day-to-day costs. While credit can...
Read More arrow_forwardAnti Poverty Group Councillors Push To Limit Payday Loan Outlets
25/05/2016
Grant Bazian
Lifestyle Debt
There is no denying the facts: We are living in a tough economy. As more and more Canadians are buckling under the financial pressure of keeping up with living expenses, many are turning to companies who offer quick fixes to what are (more often than...
Read More arrow_forwardGrowing Lines Of Credit Spur Warnings
25/05/2016
Grant Bazian
Credit Counselling
Lifestyle Debt
As Canadians are struggling with a weakened economy and a consistently increasing cost of living, it's no surprise to learn that many are relying on credit in efforts of trying to stay ahead of monthly financial obligations. Taking it one step further,...
Read More arrow_forwardRisky Business
24/05/2016
When the economy is going well and your business is humming, all seems good. But what happens, if there is a downturn? Is your business ready? Are you?
Read More arrow_forwardWhat Happens If I Dont Fulfill My Duties During A Bankruptcy?
24/05/2016
Mary Plahouras
Bankruptcy
What exactly are your duties during a bankruptcy and what happens if you can’t keep up with them? Both very good questions!
Read More arrow_forwardConsumers In B.C. And The Burdens of Debt
20/05/2016
Linda Paul
MNP Consumer Debt Index
As Canadians are struggling with a weakened economy and a consistently increasing cost of living, it's no surprise to learn that many are relying on credit and (current) low interest rates to help keep up with monthly financial obligations and expenses....
Read More arrow_forwardGoogle Takes A Stand Against Payday Lenders
19/05/2016
Top search engine Google, has just taken a landmark stance against payday loans lenders, who offer short term loans at extremely high interest rates – often putting consumers at great risk for unmanageable debt as they struggle to pay off loans and interest,...
Read More arrow_forwardWhat Is The Difference Between A Secured And Unsecured Credit Card
18/05/2016
Linda Paul
Credit Counselling
Whether you are trying to figure out which credit card is right for you or if you are looking to rebuild your credit, it is important to know your options. Most credit cards have the same basic functions – they offer convenience, when purchasing...
Read More arrow_forwardCan Someone Else Assume Responsibility For My Debts?
18/05/2016
Randy Kobbert
Alternatives to Bankruptcy
The short answer, is yes, though the reality of passing off the responsibility of your debt(s) can be a little more complicated. There are a number of ways for a third party to assume responsibility for your debts – both on a formal basis and an informal...
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