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Income Tax Debt

What to do about Income Tax Debt   Financial Options for dealing with Income Tax Debt Owing income taxes to Canada Revenue Agency (CRA) can be a scary place to be. In addition to freezing bank accounts and garnishing wages, CRA has an extraordinary ability to...

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...

Don’t qualify for a consolidation loan?

Been declined for a consolidation loan? Want to pay something on your debts, but can’t afford what the creditors are asking for? Talk to a Licensed Insolvency Trustee today about using a Consumer Proposal to consolidate your unsecured debts into one manageable payment, without worrying about the logistics of trying to pay them all yourself

Debt Defined

Definition of debt It only makes sense that to get debt help, you need to know how debt is defined. Traditionally, a debt definition includes the concept of decreasing obligations, whether financially or otherwise. According to Dictionary.com, debt is something,...