I am in debt on my credit line by $15000.00 with td bank I live and work overseas. Can the bank garnish my wages ?

As a father, there are several financial lessons I hope I’ve passed along to my children. These are valuable bits of wisdom I’ve learned from my parents, personal experience and through my work as an accountant and Licensed Insolvency Trustee.

In personal bankruptcy what happens if I owe a company from California?

Confronting your debt can be overwhelming.

Bankruptcy is one of the most anxiety producing words in the financial lexicon.

High financial expectations coupled with harsh employment realities can leave recent post-secondary graduates feeling a little anxious and overwhelmed. The competitive job market, combined with lower than anticipated income and higher than expected costs are some of the realities facing post-secondary graduates.

If you have concerns about the proposal, the first thing I would:

When individuals can no longer service their debt, it creates significant issues for both the borrower — who may find themselves in an ever-worsening cycle of debt — and their lender(s) who are having trouble recovering the money owed to them.

If your debt payments have become overwhelming, Consolidation can be the answer. There are numerous ways to consolidate your debt, but generally it involves lumping most or all your balances together into a single affordable payment. Here are just a few Consolidation options that come with their own benefits and also some potential risks.

That’s a good question, and one that might produce some surprising answers. There’s no one size fits all solution to debt.