The Canadian Loan Landscape Part 3: Debt, Collections and Bankruptcy

The Canadian Loan Landscape Part 3: Debt, Collections and Bankruptcy

The first part of our Canadian Loan Landscape series tackled unsecured loans, the second part covered secured loans, and today’s final part in the series will analyze debt management options, how to deal with collection agencies and bankruptcy as an option of last resort. If debt has become so strong… Read More


Consumer Proposal vs Bankruptcy

Consumer Proposal vs Bankruptcy

With the economy in its current state, many Canadians have found themselves indebted and unaware of what resources they have available to restructure their debt and rebuild their credit. The two most popular resources available for debtors are the negotiation of a… Read More


What can I keep if I go bankrupt in Canada?

What can I keep if I go bankrupt in Canada?

When debt starts to overwhelm your life, you may feel compelled to file bankruptcy. While it is a complex choice for any Canadian, sometimes it’s the right thing to do. That’s why the opportunity is in place for those who need it most. The good news is that it’s possible… Read More


10 Financial Warning Signs

10 Financial Warning Signs

Financial struggles can affect anyone. No matter your career, income, lifestyle or preparation, something can come along and threaten everything you have worked for. Whether a debilitating injury or illness, the death of a family member, a natural disaster or a worsening economy, there are dozens of life events that… Read More


The Benefits and Weaknesses of a Consumer Proposal

The Benefits and Weaknesses of a Consumer Proposal

Every year, millions of people find themselves facing insurmountable financial troubles. For many, financial hardships aren’t a result of wrongdoings or poorly planned actions; in many cases, a loved one dies, a business closes or an accident happens. For the average family, life can be just fine one day and… Read More


How to get out of living paycheck to paycheck

How to get out of living paycheck to paycheck

Living life paycheck to paycheck is a burden few us want, but many of us carry. It’s not easy going through life knowing that your bill payments and financial stability depend exclusively on your next paycheck. What happens if you lose your job? Or if your car needs repairs? Or… Read More


When is it the right time to declare bankruptcy?

When is it the right time to declare bankruptcy?

When it comes to filing bankruptcy as Canadians, many just don’t do it. Though bankruptcy has the ability to provide long-term financial relief, it also comes with a very negative stigma attached to it, and one that can last for the rest of the individual’s life. According to the Office… Read More


Loans After Bankruptcy

Loans After Bankruptcy

One of the common concerns that people have when considering pursuing personal bankruptcy is whether they will be able to get loans in the future. In fact, many people put off bankruptcy when it is their best option out of concern for this issue, but the truth is often just… Read More


What Happens if you Miss a Mortgage Payment?

What Happens if you Miss a Mortgage Payment?

Missing a mortgage payment can happen to the best of us. You might simply forget, you might be on vacation, or you might be facing a short term cash flow problem, unfortunately, it happens more often than you might think. So, what exactly are the implications of missing one mortgage… Read More


Note:

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