DebtCare Services May Be Covered Under Your EAP Program
Did you know that DebtCare Canada is a service provided through many Employee Assistance Programs? If you are having trouble rehabilitating your credit report or are struggling with debt and only getting by on minimum payments, you know that these things can take their toll. Financial issues have long been known to impact productivity levels […]
The Only Ways to Stop a Wage Garnishment without Going to Court
A wage garnishment put in place to repay a creditor can be a terrible thing to deal with. The knowledge that a significant portion of your income is being taken from you before you even see it, money that would usually go towards paying for things you need, can be hard to swallow, and it […]
2016 Tax Penalties and Interest for Small Business Owners
The tax deadline for businesses has officially come and gone, and many business owners have dealt with the stress and can now relax for another year. However, if you are one those who’ve yet to file, for a variety of reasons, and know that you will owe money, you can expect to find tax […]
Is Refinancing a First Mortgage the Best Choice?
When you are looking to refinance your home to pay off debts or to cover a big ticket purchase, you have many options. You can head to the bank for a personal loan or line of credit, can turn to your credit cards, or can think about using your home to finance. Today we cover […]
Beware of Toronto Debt Consultants – What You Need to Know
Toronto debt consultants are great because they can help you get out of debt and get in between you and the trustees and banks to help you negotiate the best deal when financially restructuring. What is important to note, however, is that there are different types of debt consultants – and not all are created […]
Back to Basics: Collection Agency Harassment and Your Rights
When you have debts that you are unable to pay, your creditors will not just sit back and wait for you to find the money. Creditors have resources available to them to retrieve what is owed, and most will take advantage of them within a very short period of time. The most common is a […]
HST Input Tax Credit Alert: If You’re Behind Filing, 4 Years is Your Limit
If you own your own business, you know that your HST input tax credit can be a valuable resource financially. As a GST/HST registrant, the ability to recover the GST/HST you paid or owe on purchases and expenses related to your commercial activities by claiming input tax credits can be a big help, especially when […]
Get Out of Debt: Structure Your Second Mortgage as a Loan
When you’re struggling to meet your monthly payments and constantly stressing over those credit card bills, it may be difficult to move outside of that bubble and remember that, if you’re a homeowner with equity, you have a very valuable resource just sitting there. Many homeowners don’t realize that their homes are one of the […]
In the News: Google to Ban Payday Loan Advertising
We’ve all heard the ads on the radio and seen the signs. Get money, fast, without a credit check. Payday loan companies are all over the place and people often see them as a quick fix for financial troubles – but buyer beware – payday loans are hazardous. They are probably one of the highest […]
Property Lien Alert: What You Need to Know if You’re a Homeowner and Owe CRA
If you filed your taxes on time in April, you’ve probably received your assessment. If you’re in the clear, or received a refund, great! However, if you owe the Canada Revenue Agency (CRA) and own your home, you need to be beware – a property lien may just be headed your way. A CRA property […]