What a debt counsellor does for you

We understand that many people who are in financial crisis struggle with getting the right information. Not because they lack intelligence, but rather because they lack experience and simply don’t know where to begin looking for help. After all, financial crisis is not a common occurrence in one’s life: it’s an anomaly, an unusual, one-time event. Read more

What are my debt-relief choices?

Below are some of the debt-relief choices that are available to you. While we cater to Vancouver Island and the Greater Victoria area, this information is applicable Canada-side. We do strongly recommend that you consult and independent debt counsellor for debt-relief advice, be it through this website or elsewhere, to get the information that best applies to you. Read more

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.

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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.

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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