What is Debt Consolidation?
Nov 24, 2020
Having more than one debt is common in Canadian households. Many people manage multiple debts from credit cards, lines of credit, student loans, vehicle loans...
Author: bdodebtsolutions
10 things you need to know about consumer proposals
Nov 20, 2020
When it comes to debt forgiveness, the consumer proposal is a leading alternative to bankruptcy, but consumer proposals are largely unfamiliar to many. Most people...
What is Financial Literacy and How to Improve it
Nov 19, 2020
2020 has challenged Canadians in all sorts of ways, and proved we’re capable of more than we thought. Many people have faced financial challenges because...
What should I do about my student loan debt?
Nov 11, 2020
Monthly student loan payments are a fact of life once again in Canada, now that the six-month deferral period has come and gone. Last month,...
Filing for Bankruptcy in Alberta during the Financial Crisis
Nov 06, 2020
Bankruptcy filings in Alberta are now officially on the rise. Over the course of the pandemic, the province’s economic headwinds have been the strongest in...
5 tips to reduce financial stress on single parents
Nov 04, 2020
For single parents who are raising a family, running a household, working, and managing the finances, life can be hectic, to say the least. When...
What happens when car loan debt is too much to handle?
Oct 30, 2020
After housing, transportation is the second largest household expenditure in Canada. Having access to a vehicle is often a necessary part of life, but its...
What is a Licensed Insolvency Trustee?
Oct 28, 2020
Have you ever heard of a Licensed Insolvency Trustee (LIT)? Don’t worry, most people haven’t. According to a previous poll, only 21 per cent of...
How to Get out of Debt and Overcome Affordability Challenges
Oct 23, 2020
What does affordability mean to you? Has getting out of debt become a struggle? For most of us, at this point in time, the answers...
Single Parent Debt: Finding Debt Forgiveness
Oct 21, 2020
Single parent debt is often a story about the long-term effects of relying on credit to get by. Debt accumulates gradually, the result of a...