Where To Get Online Debt Help — Payday Lenders Are NOT The Answer!
During the COVID-19 pandemic, many Canadians have lost their jobs or are receiving reduced income. But while incomes have declined, debt payments haven’t necessarily done the same. Some lenders offered loan deferrals, but it’s important to note that deferrals aren’t forgiveness. What this means is that you will have to pay those debts eventually — […]
How is a Trustee in Bankruptcy Different from a Debt Counsellor?
If you’ve been considering debt consolidation, you may have heard the terms “trustee in bankruptcy” and “debt counsellor.” But do you know the difference? They’re far from the same thing. Here’s what you need to know. Trustee in Bankruptcy Also known as a Bankruptcy Trustee or Licensed Insolvency Trustee (LIT). Doesn’t represent you. Has to […]
Differences Between Various Types of Debt Companies
As a financial consulting company, we are often asked about the different types of debt companies. With several different types offering several different services, it is so important to know what these differences are. When you’re looking for solutions to a financial problem, ensuring you’re dealing with the right company is essential. Debt settlement companies. […]