Posts Tagged‘debt’

Debt management options, whatever your circumstances

The phrase “crippling debt” sounds melodramatic, but when you are facing them, financial problems can be every bit as debilitating as a physical injury or illness. The stress and anxiety can also lead to both mental and physical health conditions. Debt, crippling or otherwise, is an everyday part of life. Most of us have loans, mortgages, credit cards and so on, but very few of us are financial experts. When you look at it that way, it is hardly surprising that we run into trouble from time to time. If your central heating breaks down or your car develops a…

Freedom From Debt Is Just Around The Corner

You don’t have to keep living with debt. There are ways to reduce your debt and get out of it sooner. You’ve probably already heard of bankruptcy, but bankruptcy isn’t the only means of getting out of debt. Since the 1990s, consumers in Canada have also been able to file a consumer proposal, a bankruptcy alternative that makes it easier to get out of debt if you have a job or an income, without losing your assets. Bankruptcy trustees, today known as Licensed Insolvency Trustees, are the only professionals who can file for consumer proposals or bankruptcy. Your bankruptcy trustee…

Where to Go for Debt Relief Help

When the faucet leaks, finding help is as easy as calling a plumber. For a flat tire, an auto service is the solution. Problems with debt? Those can be a little trickier to determine where to go for help. Many consumers think the first step to debt solutions is a financial institution where they can get more money. They don’t realize that there are financial advisors they can turn to who are on their side and can help them create a concrete and manageable plan for dealing with their debt. Not many people know how to handle bad debt. There…