Blog

One of the biggest deterrents people consider when considering bankruptcy is the adverse effect it has on their credit score, which in turn has a negative effect on their ability to rent an apartment. Many people often think of a nightmare scenario in which bankruptcy leads directly to homelessness, but this is simply untrue.  Read More

Perhaps the biggest deterrent people feel when contemplating bankruptcy is the adverse effect it has on their credit score. It is true that bankruptcy affects one’s credit score, but to what degree? Just how much does bankruptcy really affect one’s credit score?  Read More

If you are struggling with debt and bad credit, but want to avoid going bankrupt, or have been denied for a bank debt consolidation loan, then there are many advantages to filing a consumer proposal. To file a consumer proposal, you must speak with a trustee such as Kevin Thatcher & Associates.  Read More

Once you’ve filed bankruptcy, chances are you’ve already gone through a lot of grief. Once the worst is behind you, it’s time to make financial plans to get back on your feet. A key part of this is, obviously, finding a new job and starting to save again. The catch-22 of this, however, is the effect of bankruptcy on your job search.  Read More

Bankruptcy is certainly not a pleasant thing to contemplate, but sometimes there’s no other choice. When it comes to debt, and other financial problems, filing bankruptcy can be the best solution. You can, however, make the best of an unfavorable situation by preparing and planning ahead.  Read More

Debt--a word no one wants to hear. Getting into debt can have lasting results on your credit score, and therefore your financial future, not to mention the stress and grief it can cause. When faced with crippling debt, many people’s first reaction is to keep it secret.  Read More

It is a fact of life for most people in the 21st century: at some point or another, you are going to need to borrow money in order to continue living your life. Whether it be for a house, to grow your business, for higher education to make yourself a more marketable/valuable employee, eventually we all need to take out loans.  Read More

North America is in the midst of a student debt crisis. The exorbitantly high cost of post secondary education and a job market where repayment often takes years to complete means that student loans tend to follow people around for a depressingly long time.  Read More

Buying a new car is a big investment, often an individual's first major investment. It is also most people's foray into unknown financial territory. Talk to most people who recall purchasing their first vehicle and chances are there are probably many things they wish they had known or been told before making the purchase.  Read More

Debt consolidation can be an effective way to avoid declaring bankruptcy. Through a consumer proposal you can consolidate your debt effectively with a minimal effect on your credit history if you are already in a debt situation to begin with.  Read More