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Is all debt bad debt?

Is all debt bad debt?

There are many different types of debt available to those looking for financial options. Not all debt is bad – debt can be used to finance acquisition of an asset, such as a car loan, or using a mortgage to purchase a home. Personal loans are becoming a popular way...
Will Bankruptcy affect my spouse?

Will Bankruptcy affect my spouse?

If I file for Bankruptcy what will happen to my spouse? It is a common concern that we see, if someone files for bankruptcy that it will negatively affect their spouse. You may be worried that they will be forced into bankruptcy as well. You may worry that your...
Financial difficulty during Covid-19

Financial difficulty during Covid-19

Financial Difficulty During Covid-19 If you find yourself having financial difficulty during this stressful time of Covid 19, you’re not alone. In fact the Bank of Canada has found that household debt has risen as a result of covid. You have options You may have...
How to complete monthly forms

How to complete monthly forms

Completing your Monthly Income & Expense Reports The first step in completing your report is to gather evidence of your income and expenses. You will need all paystubs and any receipts you have collected. You may find it helpful to login to your banking app, and...
Warning signs of Financial Difficulty

Warning signs of Financial Difficulty

Warning signs of financial difficulty By Tanner McAuley When you think about your finances, what comes to mind? Does thinking about it bring on uncertainness and anxiety? Although having debt is normal, it can quickly turn into an unmanageable weight. For this reason...
Will My Business Survive?

Will My Business Survive?

Not sure if your business can keep going? Here’s some tips to consider Even before COVID-19, businesses faced many challenges. Interruptions in cash flow, customers who don’t pay on time, and seasonal fluctuations in demand all create problems for business owners. No...