Working Together To Solve A Financial Crisis. The Better Choice.

Posted in Success Stories
Posted by Janette Martin, CERTIFIED CREDIT COUNSELLOR

With Valentine’s Day approaching I thought it was a good opportunity to write about financial problems and how they affect relationships. Marriage might start out as cinnamon hearts and expressive hard candies but, when faced with pressures of every day life, will it survive or will it fail? Usually when we meet with individuals who […]

Will Consumer Debtor Protection Services or Debt Assistance get you a Better Consumer Proposal?

Posted in Consumer Proposals
Posted by Ted Michalos, BA, CPA - LIT

Now that the Ontario government has restricted debt advisors from charging up-front fees before completing a settlement with creditors, many debt relief companies are switching their business tactics. What they now offer is so called consumer debtor protection services, debt assistance or consumer proposal referral programs. What is consumer debtor protection and what are they […]

Debt Settlement: Which Option Lets You Rebuild Your Credit Faster?

Posted in Debt Help
Posted by Ted Michalos, BA, CPA - LIT

All forms of debt settlement appear on your credit report in the same way. They are listed as an R7 to show that you have entered into some form of settlement agreement for the debt. This agreement might be a debt settlement plan, a credit counselling plan or a consumer proposal. That means that initially, […]

How To Deal With Depression & Anxiety Over The Holidays

Podcasts
Posted in Debt Help
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

The holidays bring joy, but they can also create stress and anxiety for many people. We talk with a clinical services counsellor at Carizon Family & Community Services for tips to help you cope.

Best of Show: Credit Counselling with Heather Cudmore

Podcasts
Posted in Debt Help
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

Debt problems can happen at any age, at any income level. We talk with Heather Cudmore about how credit counselling and a debt management plan can help.

Will The New Debt Settlement Law Protect Consumers?

Posted in In The News
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

Ontario has implemented new debt settlement laws to protection consumers against unscrupulous debt settlement practices. You’ve seen the ads. Debt settlement companies promise to “reduce your debts by 70%”.  They say “don’t talk to a trustee about bankruptcy or a consumer proposal; talk to a debt settlement company instead!” They offer to settle your debt for […]

Turning Debt into Hope with Chris deVries

Podcasts
Posted in Debt Help
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

Our guest today is Chris deVries, who worked for over 13 years with a large Canadian bank. The morning after we recorded this show Chris quit his job at the bank, and accepted a job as a leadership trainer for another organization. Chris started the show by explaining his background, and telling us about the wide range of people he has counselled through his church. In his experience the concept of managing finances is not taught well, and as a result many people go through life learning some tough lessons the hard way about debt and money.

Credit Counselling vs. Debt Reduction Companies: What's the Difference?

Podcasts
Posted in Debt Help
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

Sue Davey is a credit counsellor with the Family Counselling Centre of Brant, a full service not-for-profit agency that celebrated its 100th anniversary in 2014. As a full service agency the Family Counselling Centre of Brant can help people with money problems, but can also help with the causes of those problems, and can provide counselling for addiction, family and other issues.

Credit Counselling: An Open and Honest Conversation with Heather Cudmore

Podcasts
Posted in Credit Repair
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

On this weeks show have an open and honest conversation with Heather Cudmore, a credit counsellor with Mosaic Counselling and Family Services, about credit counselling, debt management plans, and your options when dealing with debt.