2017 Tax Deadline for Sole Proprietors Right Around the Corner – Are You Prepared?

While the 2017 personal tax deadline has passed, the self-employed tax deadline is still approaching. Sole proprietors have until June 15, 2018. Are you prepared? If you don’t file before the June 15 deadline, you will be subject to CRA...

Posted | by |in 2017 income tax deadline, Blog, Self-Employed Tax Deadline

Spring Financial Planning – Getting Your Books in Order in 1-2-3

Spring cleaning doesn’t have to be only for your house. Nature’s rebirth can be a fresh start for many things — including your financial planning. Messy finances can affect your life in many ways. Stress, uncertainty, and anxiety around money...

Posted | by |in Blog, Financial Planning, Personal Budget
How to Make Your Bank Unfreeze Your Frozen Bank Account

How to Make Your Bank Unfreeze Your Frozen Bank Account

Your bank account is your source of financial security, but it’s not always so secure. A frozen bank account is something many people have to deal with, and if it happens to you, you’ll need to learn ow to make your bank unfreeze your...

Posted | by |in Blog, Frozen Bank Account, Frozen Bank Account Home

Did You Know? When Filing a Consumer Proposal Many People are Able to Keep Their Homes

Filing for a consumer proposal is becoming a popular debt consolidation option for Canadians. In 2016, 62,506 Canadians filed for consumer proposal. More Canadians are opting for consumer proposal than bankruptcy, and the number of people who...

Posted | by |in A Consumer Proposal, Blog, Consumer Proposal

30-Day Countdown: How to Tackle Back Taxes and Tax Debt

The 2017 income tax deadline is on April 30, 2018. Have you filed your taxes yet? If you’re waiting or afraid to due to back taxes or because you’ll owe a tax debt, read on… If you have back taxes: When you owe back taxes, the best thing you...

Posted | by |in Blog, CRA, Tax Debt

CRA Penalties, Interest, and More – What to Do if You Will Miss the 2017 Tax Deadline

The 2017 income tax deadline is nearly a month away. April 30, 2018 is the date you must file by or be subject to Canada Revenue Agency (CRA) penalties, interest, and possibly collection action. Tax time can be a source of stress — gathering...

Posted | by |in 2017 income tax deadline, Blog, Canada Revenue Agency Collections, CRA, CRA Late Filing Penalty

Your 2018 Debt Consolidation Options

As Canada’s household debt continues to rise, many Canadians are looking at debt consolidation options. Rising interest rates and new mortgage rules are leaving less room for debt and those who once had a comfortable cushion may now find...

Posted | by |in Bankruptcy, Blog, Debt Consolidation

Surviving Rising Interest Rates – Locking Your Rate May Be the Best Time to Refinance

So far in 2018 Canadian homeowners have experienced several major changes that could affect finances — new mortgage rules and rising interest rates First, let’s look at the new mortgage rules. On January 1, 2018, new Canadian mortgage rules...

Posted | by |in Bank of Canada Interest Rate, Blog, Mortgage Refinancing

Question Corner: When Will CRA Garnishment Happen to Me if I Owe?

The 2017 income tax deadline is looming on April 30, 2018 and with it the consequences of not paying a tax debt in full. One such consequence if you fail to pay a tax debt is Canada Revenue Agency (CRA) garnishment. A CRA garnishment is just...

Posted | by |in Blog, Canada Revenue Agency Collections, CRA, CRA Collections, CRA Garnishment

Creating a Plan to Repair your Credit in 2016

2015 is coming to a close, and the past year has likely been full of change – such is life. For many Canadians, this means more debt accumulation, followed by a concern regarding bruised credit. So, why not get started on your New Year’s...

Posted | by |in Blog, How To Rebuild Credit, Managing Your Debt, Personal Debt, Rebuild Your Credit, Rebuilding Credit

How to Consolidate Debt and Start the New Year Fresh

2016 is fast approaching, and that usually means setting goals for the year ahead and making plans to get certain things back on track. For many Canadians, this means taking a good, hard look at finances and often attempting to take control of...

Posted | by |in Blog, Canadian Consumer Debt, Consolidate Credit Cards, Consolidate Debt, How To Consolidate Debt

We Speak Your Language. Having Some Financial Problems and Need Help? DebtCare Offers Services and Consultants that Speak Your Language

DebtCare Canada is proud to announce that we now offer services in a number of different languages. When you are struggling with your finances, language should not be a further hindrance to obtaining help. We now offer financial services in...

Posted | by |in Blog, Financial Consultants, Financial Problems, Have Financial Problems