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CRA Wage Garnishments – What You Need to Know

A few weeks ago we dedicated a blog to Canada Revenue Agency tax problems and how to approach a tax debt before attempting to make a payment arrangement. This week we follow that up with a discussion of what to do once the CRA has levied enforcement action against you, specifically in reference to a wage garnishment. CRA wage garnishments are terrible to have to deal with, and unless you

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Dealing with Holiday Debt in 1-2-3

The holiday season is officially behind us and that means kids are back at school, the parties are over, and the decorations have been taken down. It also means that the holiday bills are on their way if they haven’t already arrived. We all want to give our families a great holiday, and often that means shelling out a significant amount of money on gifts and food and everything else

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Tax Problem Tips – Is the CRA Friend or Foe?

The tax season is just a few short months away, and that means, Canadians are getting ready to break out the calculators. If you’re on top of your taxes, a few days of hassle are quickly followed by a year of not worrying. However, if you owe a tax debt, or are nervous that one will be hanging over your head once you’ve filed, that year of not worrying may

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How to Choose the Right Ontario Mortgage Broker

If you are considering buying a home or want to refinance, you may be wondering which route is the best to take to obtain financing. Today we talk about mortgage brokers and how to choose the right one to best suit your needs. Often, when individuals set out to obtain mortgage financing, their first thought is to head to the bank. While this is a good option for some, going

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Best Wishes from the DebtCare Team

May every happiness greet you this holiday season! We hope your days are filled with laughter and love, good tidings and great friendship. The DebtCare team wishes you Happy Holidays and all the best for 2017!

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Going Debt Free: Consumer Proposals in 1-2-3

A consumer proposal is a legal avenue for dealing with debt. Over the last few years, this has become a very popular option for Canadians looking to deal with financial challenges. Today, in an effort to help you better understand this option, we get back to the basics with consumer proposals. Read on to learn more. Firstly, what exactly is a consumer proposal? It starts with a proposal to your

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How to Stop a CRA Wage Garnishment Before the Holidays

The Canada Revenue Agency (CRA) does not take a break during the holidays. If you owea tax debt and have not yet made arrangements to pay the debt, don’t think you’re safe from enforcement action just because it’s the “most wonderful time of the year.” The CRA is aggressive and to them it matters little if it’s May or December. To help you out, today we cover how to stop a

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Debt Consolidation Before or After the Holidays: When is the Right Time to Consolidate?

The holidays are fast approaching, and for many Canadian families, that means several weeks of juggling finances and using credit to finance holiday spending. This usually leads to financial stress, which can really put a damper on the seasonal festivities. This year, get a head start with a debt consolidation. When is the right time to consolidate? It is always best to start the New Year on fresh footing. If

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Holiday Budget Planning: Tips to Keep The Season Cheerful

So many of us are guilty of overspending during the holidays; the gifts, the outfits, the events, the food. All of this spending can quickly spiral out of control, turning what should be a joyous season into a stressful one. This is especially true if we start early and don’t keep track of what we’ve purchased. This year, keep the stress at bay with these holiday budget planning tips. Set

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