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Category: Bankruptcy

Credit Card Debt in Canada: The Good, the Bad, and the Ugly

By Gurinder Dhaliwal

Remember the surge of excitement that came with getting your first credit card? It felt like a rite of passage; that somehow you were finally an adult.  Over the years the thrill of getting your credit card statement has decreased. In fact, for a great many Canadians, just the thought of their credit card bill […]


By Jennifer Virani

WHAT IS DEBT CONSOLIDATION? According to the Bank of Canada, the average Consumer Debt (excluding mortgages) held by Canadians is $20,759.  As most Debt Experts will tell you if you owe more than $20,000 it gets harder to make a payment that is substantial enough to pay down your interest.  As a result, your debt […]

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