Debts

The Ultimate Guide to Consumer Credit Counselling Services in Canada

Julien Brault 9 minute read Tuesday, May. 14, 2024

What are Consumer Credit Counselling Services and who needs them? Canadians are experiencing a tsunami of miserable economic conditions. We have inflation, interest rate increases, supply shortages, and the leftover economic impact of the pandemic. In addition, wages aren’t keeping up with price increases in the costs of housing, transportation, groceries, and debt. When people have difficulty making ends meet, they often use credit to fill in the gaps in their income. People start using their credit cards more and that is OK if you can manage the payments. Others compare credit cards and open new accounts or use balance […]

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How Many Times Can You Declare Bankruptcy in Canada?

Yuri Sychov 8 minute read Preview

How Many Times Can You Declare Bankruptcy in Canada?

Yuri Sychov 8 minute read Tuesday, May. 14, 2024

Declaring bankruptcy can be a last resort for those unable to pay their debts. This legal process provides much-needed relief, offering an escape from the heavy debt burden. While it can help you to start with a clean sheet, there are consequences associated with it. And the more you use this method, the more severe consequences you will face. In this article, we will explore how many times exactly you can declare bankruptcy in Canada, what consequences you will face, as well as alternatives you can use to avoid bankruptcy altogether. What Are the Legal Requirements for Declaring Bankruptcy in […]

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Tuesday, May. 14, 2024

The 5 Best Credit Counselling Services in Canada

Yuri Sychov 9 minute read Preview

The 5 Best Credit Counselling Services in Canada

Yuri Sychov 9 minute read Monday, May. 20, 2024

Facing debt is a shared human experience, not a mark of failure. But if it becomes overwhelming with no end in sight, the best credit counselling services in Canada are a beacon of hope. They can help you avoid extreme debt solutions like a bankruptcy or consumer proposal. Various services include personalized counselling, group workshops, seminars on responsible budgeting and wise credit use, and more. When the unexpected happens, you have choices. Let’s explore the 5 best credit counselling services in Canada and how they can help you regain control for a brighter financial future. Consolidated Credit Counseling Services of […]

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Monday, May. 20, 2024

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