This past July, after seven years of leaving its key interest rate steady at near-historic lows, the Bank of Canada increased its overnight rate by 0.25 percentage points to 0.75 percent. In September, the bank raised it another quarter-point to 1.0 percent amid strong economic growth. While we’re unlikely to see another increase this year, they … Continue reading Impact of Increasing Interest Rates on Debt
What Kind Of Debt Help Does 4 Pillars Oshawa Provide? Today I would like to let you know how I can help Durham individuals, families and small businesses get out of debt. One of my primary roles is to educate debtors about their options and how the various processes work. The key to getting out … Continue reading What Kind Of Debt Help Does 4 Pillars Oshawa Provide?
When Should Someone Declare Bankruptcy? I am going to begin this by simply answering the question above and then explain the reasoning behind the answer: In my opinion someone should declare bankruptcy when they have a huge amount of debt $250,000+, low income and no assets of any significant value. This would be pretty much … Continue reading When Should Someone Declare Bankruptcy?
The Top 10 Reasons Not To Go Bankrupt There are plenty of reasons not to go bankrupt but as a consumer quite often you are not advised of all of your options and not clearly informed of the implications of bankruptcy. Today I will outline the top 10 reasons to avoid filing for bankruptcy. Now … Continue reading The Top 10 Reasons Not To Go Bankrupt
Why Durham Clients Choose 4 Pillars for Debt Re-structuring Services As anyone who has been through financially challenging times knows it can be a very emotional experience. Those emotions can range vastly for everyone including: sadness, frustration, embarrassment, anger, isolation, feelings of inadequacy and more. It is very difficult to face up to the challenge … Continue reading Why Durham Clients Choose 4 Pillars for Debt Re-structuring Services