The amount of tax debt that goes uncollected each year in Canada is estimated to be around $23 billion. It goes without saying that this …
Perhaps you have discovered that your bank has seized money from your bank account to go towards the repayment of a debt that you owe …
When you are drowning in debt, many of us simply want a debt write off in order to clear our debts for good. Although not …
Debt can often get confused with ‘borrowing’, and it often has negative connotations. Borrowing, however, does not always need to be a negative. To differentiate …
From time to time, many of us will receive notifications from online lenders or financial institutions to share that they have a pre-approved line of …
When it comes to debt, it is common for Canadians to believe that cashing our their Registered Retirement Savings Plans (RRSPs) and investments to pay …
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If you have overwhelming debts that you are struggling to repay, you may worry about whether or not you can go to jail for not …
Debt has various consequences, and can cause a number of problems including mental health issues and consequences on your lifestyle. As debt has an impact …
If you have arrived at this article, you are likely trying to understand the difference between a credit counsellor and a Licensed Insolvency Trustee (LIT). …
Credit counsellor vs Licensed Insolvency Trustee: what’s the difference? More
Ever heard of the Canada Repayment Assistance Plan? It is essentially support offered by the Government of Canada if you are struggling financially and find …
‘Do you inherit debt in Canada?’ is a frequently asked question, particularly if you know one of your loved ones is in financial difficulty. It …
In the height of lockdown during the pandemic, many Canadians were unable to work. The government response was to issue the Canada Emergency Response Benefit …