Dealing with Debt

A highly debated conversation we have with our social media following is the consequences of unpaid debts. Our experts explore this topic, discussing credit cards, payday loans, taxes, mortgages and more.

Debt problems carry an emotional burden but should they? Doug Hoyes explains why falling into the trap of excessive debt may not be your fault but can be something you take charge of.

Drug addiction and accruing some form of debt is not uncommon. In this blog, we explore a scenario of one of our clients in this hardship and how eliminating debts through bankruptcy was part of his recovery.

What strategy you should you use to pay off debt - small balances or high interest debts? We explore the pros and cons of 2 common repayment approaches and provide tips to help you pay off debt faster.

Some creditors or collection agents will try a lot of questionable tactics to collect. Here are some of the scarier experiences of our debtors and what you should know isn't legal or possible.

When do I know if I should be making payments towards my debt or starting to consider debt relief options? Doug Hoyes explores a similar story for one of our clients and the options he had available.

You finally have hard earned money in the bank. So, do you pay down your debt first or invest in an RRSP? Expert Vikram Barhat explains 3 principles of why it’s more important to pay off debt first.

Debt ads up over time. Spot the warning signs of debt problems so you can stop the slide into insolvency if possible. We explore what you can do if you struggle with debt repayment.

A common consumer question regarding debt is, do you save money or pay off your debt first? Find out why expert David Trahair believes you need to pay off debt first and tips on how you can do it.

Is it time for you to start cleaning up your financial situation and deal with debt? Our experts discuss a four-step plan to eliminate your debts for good and offer alternative solutions for a fresh start.

How do you know when you can pay down your debt or need to file insolvency? We’ll explore a debtor’s situation and provide our professional insight on what might be the best option for you.

Struggling debtors all have their own breaking point when it comes to taking action. In this blog, our experts explore trigger points for insolvency and the options you may have if you have unpaid debts.

If you're planning on borrowing money, its’s important to consider how much debt you can take on. Find out more about debt-to-income ratios, warning signs of too much debt and available debt relief options.