Last week we talked about wage garnishments, a very common form of collection action, and how to stop them. This week we thought we’d follow up by discussing another very common type of collection action, frozen bank accounts, and what you can...
Wage garnishments, in the credit collection world, are all too common an occurrence. As a form of collection action, garnishing a person’s wages is often an effective way to retrieve a debt owed, and many collectors view it as the best way to...
When it comes to the Canadian economy, the last few years have been a whirlwind of activity. Record low oil prices which hurt the economy and a dollar which fell to levels we haven’t seen in years led the Bank of Canada to drop Canadian...
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...
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...
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...
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...
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...
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...
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...
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...
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...