The CRA Collection Process vs. Bankruptcy
The Canada Revenue Agency, CRA for short, has a lot of power over taxpayers in Canada, more than you may have originally thought. For this reason, it can be unsettling to be in debt to the CRA. There are many types of debt that CRA collects including, but not limited… Read More
Is Debt Consolidation a Good Idea?
Sponsored by If you’re missing credit card payments and struggling to stay on top of bills, you might be wondering if debt consolidation is a good idea. We connected with our partners at Fairstone to help you decide if a debt consolidation loan is right for you. Here are some… Read More
What is a 100% Consumer Proposal?
Having too much debt on your plate can not only be financially challenging, but it can also be extremely stressful. Luckily, there are plenty of programs available that are specifically designed to help consumers whittle down their debt and help them achieve financial freedom sooner rather than later One such… Read More
Who Can Freeze Your Bank Account in Canada?
Having a frozen bank account is absolutely frustrating and nerve-wracking. Freezing bank accounts is a tool that creditors often use to get the attention of those who owe them money, particularly if other forms of communication have not worked in the past. When your bank accounts are frozen, you are… Read More
Don’t Fall For These Common Debt Consolidation Myths
Sponsored by Fairstone For this blog, we’ve teamed up with our partners at Fairstone. There are quite a few myths associated with debt consolidation, many of which aren’t true. We asked our partners at Fairstone to share the most common misconceptions they hear about debt… Read More
How to Conquer Your High-Interest Consumer Debt in 2019
Getting into debt can happen to anyone, life happens and sometimes things get out of control due to extenuating circumstances. Regardless of how you got into debt, with a little work and changes to your spending habits, it’s possible for, or anyone, to become debt free. What is… Read More
How to Put Your Finances First as an Adult Living With Your Parents
Buying a house and even renting an apartment can be super expensive these days, especially if you live in certain cities in Canada. Take Toronto, for example, where the average home price is a whopping $824,336, and rent is still pretty steep at $2,550 for a 2-bedroom unit. Read More
6 Tips To Help You Stay In Control Of Your Loan
Sponsored by For this blog, we’ve teamed up with our partners at Fairstone. Borrowing money is a big decision. Whether you’re using a loan to cover an unexpected expense, consolidate debt or another reason entirely, you want to be sure you can stay on top… Read More
What Will Happen To My House After I File For Bankruptcy?
Your home is probably one of the most valuable investments you’ll make in your lifetime. Not only that, if you have a house, you’ve probably become attached to it and comfortable with your lifestyle there. If you’re going through a bankruptcy, it is likely that… Read More