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Many people believe that bankruptcy is the best solution for their money woes, but there are a variety of options a person in debt can explore. Bankruptcy will stay on your credit record for several years following your completion and can initially make it significantly harder to get credit until you have restored your lender’s confidence.  Read More

If you need help overcoming high levels of debt, consolidation can be your best solution. Overwhelming debt can lead to late payment fees, lower credit scores, and financial stress.  Read More

Sometimes owning a car is a necessity. Depending on where you live, the expense of owning a car is required to complete your daily activities. But what is the actual cost of owning a car each month? Your monthly payment can be deceiving.  Read More

With the current economic climate, it is hardly surprising that many are searching for more affordable activities this wintertime. It’s important to remember that creating memories doesn’t have to involve spending your hard-earned money!  Read More

The start of the New Year is the time when millions of Canadians begin to assess their life’s progress and set goals for the coming 12 months ahead. Economic objectives are a popular choice for New Years’ resolutions, as they provide a tangible benefit and, when effective, they can lead to more freedom and comfort.  Read More

More than half of young Canadians (aged 19-34) don’t have a RRSP. While a growing segment of the population now does have a registered retirement savings account, there is still a fair amount of misunderstanding on the benefits this type of investment account offers.  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

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

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