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Debt Consolidation and Debt Help for Alberta Residents
Dealing with debt in Alberta
Many families in Alberta are struggling with debt. Often times a financial crisis can be precipitated by job loss, a failed business, divorce or disability, amongst other reasons.
If you are struggling with debt your first choice may be to see what help is available. Debt consolidation and debt help is available to Alberta residents, but it is important to research and understand who you are going to for help.
You may choose to deal with your debt different ways – through:
- a debt consolidation
- borrowing more money
- credit counselling
- consumer proposals
- bankruptcy
- debt settlements
- or a strong financial plan
Some of these choices could make your financial problem worse while other choices could turn your life in a more positive financial direction.
- We are not Bankruptcy Trustees – they represent your creditors.
- We are not like credit counselling agencies – they are largely funded by your Credit Card company’s donations.
- We are not a financial institution – we don’t put our clients in more debt.
Our only agenda is you! We represent YOUR interests.
Our services go well beyond the scope of other debt counselling services. We are Financial Consultants and our team sets the standard for its combination of Credit Counsellors, Insolvency Counsellors, Financial Experts, Legal Professionals and Community Educators in Canada.
DebtCare leverages Federal Government programs to help individuals and businesses struggling with debt. You will not pay one dollar to DebtCare, unless you have been accepted and approved into one of our programs.
Call DebtCare Canada today 1 (888) 890-0888.
Living with Debt in Alberta
Alberta’s economy is one of the strongest in Canada as a direct result of an explosive petroleum industry. Other major secondary economies in Alberta include the agriculture and technology industries.
Alberta’s revenue comes primarily from royalties on non-renewable natural resources and personal income taxes. Alberta is the only country in Canada that does not have a provincial sales tax and Albertans are the lowest taxed people in Canada.
Once considered as one of the best destinations for jobs, from 2003-2007 workers from across Canada migrated to Alberta looking for work. This caused a housing boom that was unfortunately somewhat short-lived.
While Albertans may be paying less tax than the rest of the country, they are feeling the financial pain none the less.
Last year Alberta reported the largest job losses in the country with more than 15,000 jobs shed in October 2010 alone.