Why High Credit Card Debt should be Restructured Urgently Many Canadians struggle with credit card debt each year and often do not act quickly enough to restructure this debt and avoid financial disaster. Why is credit card debt so financially crippling? It`s all down to the interest and how it is calculated. Most people are … Continue reading Why High Credit Card Debt should be Restructured Urgently
Looking out for Number One or looking after your interests? We live in a cynical world. There’s no such thing as a ‘free’ lunch, the flirty waitress is working for tips, and the friend who just praised you to the heavens is probably going to ask for a favor. Though age and experience has left … Continue reading Looking out for Number One or looking after your interests?
WHAT IS DEBT RESTRUCTURING? Your credit-card debt has piled up, the cards are maxed out, perhaps you’ve borrowed money to pay off bills, maybe you’ve gone to the limit on a line of credit and your household debt is completely out of control. You’ve decided it’s time to stop the spiral of debt consuming most … Continue reading What is Debt Restructuring in Ontario?
4 Pillars Personal Debt Restructuring: A Bankruptcy Case Study The Kendells were like many Victoria families. Two young children, two cars, a hefty mortgage, and a penchant for living slightly beyond their means. They both held down good jobs, had a bit of savings in the bank. The grandparents had ensured college would be taken … Continue reading 4 Pillars Personal Debt Restructuring: A Bankruptcy Case Study
4 Pillars Personal Debt Restructuring – Growing up in Debt Cara got her first credit card when she was in University. They were practically giving them away back then. It was followed by a popular department store card and another credit card. By the time she graduated, Cara was carrying a small credit card debt. … Continue reading 4 Pillars Personal Debt Restructuring – Growing up in Debt
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