Bankruptcy and the big question: Other debt-relief options

February 7, 2012 by · Leave a Comment
Filed under: Bankruptcy, Debt Management, debt relief 

Though it is true that bankruptcy provides you with that fresh start, you should consider the other debt relief options before filing bankruptcy. Bankruptcy can help you discharge almost all of your debts but at the same time it hurts your credit too. As a result, it becomes hard for you to get any form of new credit after the discharge of bankruptcy. So, it would be best for you to consider how to become debt free without you having to file bankruptcy. Read more

The truth about unsecured debt

December 20, 2011 by · Leave a Comment
Filed under: Bankruptcy, Debt Management, debt relief 

There are (technically) two types of loans you can make. Understanding the difference is quite important if you want to achieve relief from debt. One is “secured”, meaning that you’ve put up a major asset (like your house) as a security against the loan. This means that if you default on that debt, the creditor can then cash in against that security.

Read more

More on understanding how debt works in Canada

December 20, 2011 by · Leave a Comment
Filed under: Bank's Profits, Debt Management, debt relief, Videos 

Vancouver Island’s own Bill Abram talks about how the private Canadian banking system is enslaving the public through debt and interest on that debt to our government who has the right to create it’s own money through the Bank of Canada. Understanding how money works is the first step to alleviating guilt when it comes to finding debt-relief solutions.

Read more

Statistics on Canadians’ debt load

August 25, 2011 by · Leave a Comment
Filed under: debt relief, Statistics 

You are not alone!

Here are some interesting numbers from Statistics Canada. Read more

« Previous Page