A debt consolidation loan is a single loan that allows you to pay off most or all of your creditors at the same time, leaving you with only one outstanding loan. This type of loan may also offer you an interest rate that is lower than what you are currently… Read more
Author Archives: Mark Silverthorn
Every Canadian should know the basics when it comes to financial literacy and that includes an understanding of limitation periods; what they are, what types of debts are covered, limitation periods in various provinces, and how to calculate the expiry of a limitation period. Limitation periods place pressure on creditors… Read more
When you legitimately owe money and the caller has ‘got the right person’ you need the right strategies to help you handle collection calls and solutions to help you deal with the underlying debt. Calls seeking payment of an outstanding account can come from your creditor, or its authorized collection… Read more
You might find yourself in a position where you owe monies to a creditor and this creditor has sued you and successfully obtained a judgment against you. Now you are wondering what happens next? What can your creditor do with their judgment, how can it help them collect the money… Read more
You may be getting phone calls demanding payment on your overdue account. Bill collectors might be calling you on your cellphone. They might also be calling your landline at home. In some cases, they might even be calling you at your workplace. Collection calls can be very upsetting. Most people… Read more