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Dealing With Debt as a Business Owner

While taking on business debt is not inherently bad, like all debt, you must approach it from a prudent and practical standpoint.

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How do you know if you're insolvent?

The first step to handling financial difficulty is being aware of the situation. Are you insolvent or bankrupt? Here’s how to tell.

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business woman standing alone in the office and reading paperwork

Filing for Bankruptcy on behalf of your business is a difficult decision.

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How do I know if I have too much debt? Six signs that don’t lie

This question comes up a lot, but it’s a difficult one to answer. While everyone loves a good benchmark, there’s never a clear-cut answer for how much debt is too much for any individual.

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How do I build and maintain an emergency fund?

Simply asking this question means you’re already on your way to financial health. Take a moment to congratulate yourself — recognizing the perils of unplanned and unexpected costs is a massive milestone and will mark a major turning point in your relationship with debt.

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Is there a stigma to Bankruptcy?

Let’s explore some of the stigmas around Bankruptcy, why you shouldn’t be afraid of this process, and how a Licensed Insolvency Trustee (LIT) can help you on your journey toward a debt-free future.

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How to budget when you’re unemployed

When you find yourself out of employment and unable to make ends meet, there are several steps you can take to navigate the situation.

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5 Tips for Students to Protect Financial Health

Implementing these five tips for financial health can increase a student’s chance of converting that higher income into greater wealth and security.

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Everything you need to know about CEBA loans and your repayment options

Though the deadline for forgiveness repayment has passed, there are still options for businesses owing.

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