Case Study – Heading into Retirement with Debt on Fixed Income Intro Regardless of what age you’re hoping to retire, many Canadians are entering their golden years with higher levels of debt. The percentage of senior families still carrying debt jumped from 27% in 1999 to 42% in 2016. As you move to a fixed […]
Student Loans Debt Relief Case Study
The average Canadian graduate’s post-secondary school with $25,000-$30,000 in student debt. That’s already a significant debt load to start your adult life with. This level of debt is above the average Canadian debt load. More and more we are seeing clients still struggling to tackle this debt later into life. In this case study, you’ll […]
Will Debt Consolidation Affect My Security Clearance?
Every client I have ever dealt with who held a security clearance has asked themselves ‘Will Debt Consolidation Affect My Security Clearance?’. This question is asked by our clients that mainly work for the government. While we cannot answer this question with 100% certainty, we can answer it based upon having assisted several government employees […]
Getting Out Of Credit Card Debt – Ultimate Guide
Are you tired of being stuck in credit card debt? Welcome to a club that a significant portion of the population is currently in. Let’s explore the true secret to getting out of credit card debt. Getting out of credit card debt can be extremely difficult. Especially if you are carrying a larger balance. The […]
What Debt Can Be Written Off – Know Your Options
What debt can be written off is a question that many people struggling with debt ask. What people don’t realize is that nearly every type of debt can be written off. There are only a few exceptions which we will cover later in this article. A Debt write off can always be granted by the original […]
When is a consumer proposal removed from your credit report?
Both TransUnion and Equifax have their own policies in regards to how long a consumer proposal stays on your credit bureau and when a consumer proposal is removed from your credit report. Below is the most current data, from their websites: Consumer proposal credit effect according to Transunion From their website: The consumer proposal and […]
How Much Debt Is Too Much Debt – Find Out Now
“How much debt is too much?” There are a couple of simple answers to that question: (A) “More debt than I can pay is too much debt,” or, (B) “The debt that I have now is too much debt.” If that’s how you feel, then rest assured: you are not alone. Still, if we had to put […]
Debt Help & Debt Relief: Top Programs in Nova Scotia
When in debt it is very hard to know what is the best debt relief and debt help program. With all of the advertisements you see on TV and hear on the radio it is truly difficult to know what is the best option for you. We’ve compiled a list of all of the best […]
Student Loans in Bankruptcy – The Conclusive Guide
Knowing how your student loans will get impacted if you file bankruptcy is an important question. Student loans are special in that they are treated differently than your regular unsecured debts. How they get handled depends on how long you have been out of school. The general rule is that if you’ve been out of […]