Find our articles
about debt relief
below
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A Simple Way to Create a Budget
July 18, 2021
Are you wondering where all your money is going? You might think you’re in control of your spending habits, but at the end of the pay cycle, you’re never left with as much as you’d hope. The solution is to create a budget, but even the word can make you cringe. It sounds like a […]
By Marc Nantel-Legault
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Bankruptcy Trustee vs. Licensed Insolvency Trustee : What’s the Difference?
April 18, 2022
Hundreds of Quebecois are looking for debt advice right now. Filing bankruptcy or a consumer proposal is a common experience for Canadians of all ages. Nearly one in five people consider debt relief to solve their financial instability. When searching for a reputable Bankruptcy Trustee in Montreal, information on a Licensed Insolvency Trustee shows up. This is […]
By Marc Nantel-Legault
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Everything You Need to Know About Filing a Second Bankruptcy
April 9, 2022
Recent crises, from the pandemic to environmental disasters, have upended many lives. It’s not surprising that many people have hit hard times financially. Bankruptcy is a type of legal insolvency that relieves honest Canadians of their debts. It also gives debtors financial counseling resources, and it prevents wage garnishment through a stay of proceedings. Unfortunately, […]
By Marc Nantel-Legault
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Debt consolidation vs. consolidation loan
March 25, 2022
A consolidation loan is a type of debt consolidation. However, there are several other ways to consolidate your debts. In this article, we will give you more information so that you can see things more clearly. The purpose of debt consolidation This solution usually takes the form of a consolidation loan which aims to consolidate […]
By Marc Nantel-Legault
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Increased minimum payment on credit cards
March 13, 2022
Credit cards are more useful than ever in the age of electronic commerce and globalization. It allows you to make purchases anywhere on the planet, with just a few clicks, from the comfort of your own home. It can also put you in debt for years if you do not pay off a significant portion […]
By Marc Nantel-Legault
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How does a consumer proposal work?
March 10, 2022
The consumer proposal, the number one alternative to personal bankruptcy The preferred debt relief solution in many cases, the consumer proposal allows you to take care of your financial problems while avoiding personal bankruptcy. It involves making an agreement with your unsecured creditors, which will be administered and validated by a licensed insolvency trustee. Unlike […]
By Marc Nantel-Legault
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Is solving your debt problems with the help of your loved ones a good idea?
March 9, 2022
When you are facing money issues, it can be an incredibly worrying and anxious time. However, being able to raise these issues and talk openly about those problems with your family and friends can alleviate that pressure. Despite the taboo surrounding these topics, experiencing debt problems is actually very common. According to a Government of […]
By Marc Nantel-Legault