Category Archives: Debt Solutions

Who should you talk to if you can’t afford to repay your debts and are really in financial trouble? If you are taking money from one source to pay another, barely keeping up with your minimum payments or are relying on bad debt options like payday loans, it’s time to… 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

This is a guest post by the experts at Ratehub.ca As mortgage rates have come down this year because of a couple of Bank of Canada rate cuts, you may be wondering if it’s time to consider refinancing your mortgage. Reasons For Refinancing There are three main reasons why you… 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

“Opportunity is missed by most people because it’s dressed in overalls and looks like work!” – Thomas Edison While most of us understand why saving money is a smart idea, most of us are also pretty terrible at actually saving money. In Canada, our savings rate has been less than… Read more

What makes you tick?  What is it that makes us put things on hold to run away or ignore the problem? What is it that motivates us to make the right choices, to be better in our personal lives and to tackle the serious uncomfortable issues that lead to stress. We are… Read more

Today’s guest author is Brian McIlmoye, a Bankruptcy Trustee with Hoyes, Michalos & Associates Inc. As someone who meets with people every day who are experiencing a financial crisis, he understands the turmoil people are experiencing and provides some advice for those who want to reach out and support someone in… Read more

If you search online for strategies to get out of debt you’ll quickly discover that there are a myriad of options to choose from. Just as each person’s journey into debt is different, the best strategy to get out of debt will vary from person to person. To me, what’s… Read more

“Debt is normal. Be weird!” – Dave Ramsey One of the most challenging emotions that accompanies debt is the feeling of hopelessness that can fall over you when you look at your statements. That feeling can be paralyzing; stopping us from making any significant moves to change our situation because it… Read more

“Lack of money is never a problem; it’s the symptom of a problem.” – T. Harv Eker The psychology of money is one aspect of money management that tends to get overlooked when it comes to financial planning and debt counselling. In the financial industry we focus very strongly on… Read more