Debt Restructuring
Are you juggling a lot of debt? Do you have multiple debt payments coming out of your bank account on different days with different interest rates? If you feel your debt is out of control, you could be looking for…
Credit Canada – Consolidate Credit Or Speak To A Credit Counsellor?
Do you hate all the debt you have right now? You could be like many people with more debt than you can handle. You might owe money on a mortgage, car loan, line of credit, credit cards, and possibly payday…
Can’t Pay Your CEBA Loan? CEBA Loan Repayment And Forgiveness
The Canada Emergency Business Account (CEBA) provided a financial lifeline to 898,271 small businesses in Canada during the COVID-19 pandemic. Many of these businesses experienced mandatory closures and reduced revenue due to Covid-19 measures. Some of these companies might have…
How Many Times Can You File For Bankruptcy? Multiple Bankruptcies in Ontario
Life rarely goes as smoothly as we’d like, especially in today’s economy. And when you find yourself deep in debt once again, you may be considering filing for Bankruptcy for a second time. It is not as unusual as you…
How Much Should I Pay In Rent? Am I Spending Too Much?
If you’re a renter or planning to rent, you’ll probably know how high rents are. The average rent in Canada was $2,005 per month in January 2023. Of course, where you live is a big factor in determining how much…
Should You Ever Pay A Collection Agency?
Is a collection agency relentlessly calling you demanding payment for an old debt? If you’re in this situation, it helps to know how to deal with debt collectors and if it would be in your best interest to pay them.…
November Is Financial Literacy Month In Canada – Learning Good Financial Habits
Financial literacy means having the knowledge so as to develop skills to make responsible financial decisions. Not all of us were taught these skills when we were young but it’s never too late to reassess how we manage our money.…
Financial Anxiety – Dealing With Debt Stress Syndrome
Are you losing sleep because of debt stress or other financial worries? If so, know you're not alone. Financial anxiety prevents 48% of Canadians from sleeping well. The top three financial concerns keeping people up at night are debt (57%),…
What Are The Maximum Interest Rates I Can Be Charged In Ontario?
The current interest rate climate might be hard to navigate if you're a borrower or considering borrowing money. In Canada, interest rates were historically low and very stable for years. Suddenly, they have been going up at an alarming pace.…
Consumer Proposal Laws in Ontario and the Bankruptcy and Insolvency Act of Canada
Most of us go through life not knowing much about Bankruptcy or what a Consumer Proposal is. But when things start to fall apart and you can't manage your debt any more, you should know that there is a way…