When faced with bankruptcy, a family in Ontario wanted to know their options. Here are the 6 steps we recommended, reducing their debt from $57K down to $15K. The bankruptcy situation The financial hardship began when Sara (name changed for privacy) became sick and took a leave of absence from her work. She was away from work for 6 … Continue reading 6 Steps a Family in Ontario Took to Avoid Filing Bankruptcy
One of the biggest obstacles for people to overcome in dealing with their debt is the fear that others may find out you have experienced a financial crisis. As in the article “I am embarrassed by my debt “ by Trevor Glasser overwhelming debt can be not only embarrassing but debilitating and destructive to your … Continue reading The Fear of Dealing with a Financial Crisis
Debt is a major contributor to stress. There is a direct correlation between the epic rise in anti-depressant prescriptions and the percentage of Canadians who find themselves overwhelmed with debt. How Bad is it? This percentage has grown at an alarming rate over the past three decades. It is now estimated that an astounding thirty-five … Continue reading Debt, Your Health & Stress
Banks, credit bureau agencies, hiring agencies, and even peers have done a great job in attempting to tie our self-worth or societal standing to our credit rating. I hear people say to me every day “I want to solve my debt but I don’t want to damage my credit rating”. I fully understand what people … Continue reading A Good Credit Rating vs. Being Debt Free
This is a common theme for people in debt. Unfortunately society seems to make an association between a person’s character and their net worth. Sadly, this is not a fair measure at all as other people don’t know how you got into the situation you are in. Having debt issues does not necessarily reflect on … Continue reading I’m Embarrassed By My Debt
"The stress and worries are over. We are living again."
Actual client testimonial. Name removed to protect privacy.
