Debtors are a vulnerable population constantly targeted by deceptive financial services. Ted Michalos explores the harm of 2 of these services and provides tips on how you can navigate misleading ads.
Choosing the right debt settlement plan is important. We explore the impact of different options on your credit report and how each can resolve your debt problems and begin the credit repair process sooner.
Unlicensed debt relief companies use specific terminology to draw clients in. We expose the facts behind debt settlement in Canada, debt management plans and why consumer proposals are often better.
We look at two consolidation options: refinancing through a second mortgage or secured line of credit if you own a home and the pros and cons of consolidation loans if you have poor credit.
Do you have questions about your tax debts and how you can eliminate them? Ian Martin, a CPA, Licensed Insolvency Trustee and former employee at the CRA clarifies common questions on this topic.
If you have overwhelming tax debts, it's important to know what options you have to create a fresh financial start. Find out what beneficial alternatives you have to settle these debts, instead of battling the CRA.
Are you struggling to keep up with your mortgage, but are determined to keep your home? Find out if dealing with other problem debt can balance your budget and what options can help you save your home.
Have you been in a situation where you resort to payday loans for quick cash? We provide everything you need to know about payday loans in a slideshow and steps you can take to eliminate these debts.
What is the difference between bankruptcy trustees, debt counsellors, consultants and coaches? Which one should you use? Find out more about each of their roles, who you can trust, and how to spot a scammer.
CRA will accept a settlement through a consumer proposal or will write off tax debts in a bankruptcy. Ian Martin explains what requirements the Canada Revenue Agency will have under each solution.
Are you in a financial situation where you have no additional income to make your debt payments? Do you need to go bankrupt and can you afford the cost? What can you do to protect what money you do have coming in.
If you are struggling with your financial situation, it may be worth your while to chat with one of our debt professionals for 30 minutes. Find out how we develop a plan with you to become debt free.
There are businesses that promote debt reduction by up to 70%, but how can you tell if this promise is too good to be true? Find out which programs can achieve this and who can legally administer them.
Debt Relief Experts
