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Understanding your debt relief options in Canada
Across Canada, many households are feeling the strain of higher everyday costs. Statistics Canada reports that the price of food and housing is rising, leaving many households with less room…
What I wish I knew before starting my debt relief journey
“I can’t get into more debt.” This was the big fear holding Angela back from contacting a Licensed Insolvency Trustee to learn more about a consumer proposal and other financial options. Angela isn’t her real…
When money gets tight: How families are finding stability in uncertain times
There’s a moment when debt reaches a tipping point. When the pain of worrying about money just has to stop. As ordinary expenses keep going up, and when a paycheck doesn’t stretch as far as it used to, Canadians are…
Insolvency? Debt relief? What do these terms mean?
If you’ve been searching the web trying to figure out how to deal with debt, you probably keep coming across these terms. But really understanding what “insolvency” and “debt relief” means, requires…
Understanding which debt solution you qualify for
More Canadians are feeling the strain of debt today, as rising living costs and higher borrowing pressures outpace the ability of Canadians to cover living expenses with their existing incomes. …
Consumer proposal acceptance rate explained
When you’re exploring debt relief options, acceptance rate may be a term you gloss over in your research, but it shouldn’t be. A Licensed Insolvency…
Why choose Bromwich+Smith for debt help
So clearly a Licensed Insolvency Trustee is the way to go for your debt relief. In all fairness and with full transparency, there are a…
What is a consumer proposal in Canada?
Financial challenges can be overwhelming and leave you feeling confused and alone. The word bankruptcy tends to bring up feelings of shame and embarrassment. If…
What is bankruptcy in Canada?
When faced with financial struggles, it’s easy to feel alone and overwhelmed with stress. Every year, tens of thousands of Canadians fall behind on their…
The reality of insolvency
Debt can be scary. It’s tempting to want to run and hide when it becomes a problem, but delaying action will only make it worse.…
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Managing debt can be difficult, but we’re here to help. Our debt relief specialists can show you your options and help you choose the best plan for you.
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