Are you worried about inheriting debt? What are my rights?
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Are you worried about inheriting debt? What are my rights?

Your rights around inheriting debt in Canada can vary depending on several factors, including provincial laws, the nature of the debt, and your relationship with the deceased individual. Here are some general rights you may have: It’s important to note that while you have rights, dealing with inherited debts can be complex and may require…

Understanding Debt Inheritance in Canada: What You Need to Know
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Understanding Debt Inheritance in Canada: What You Need to Know

Inheriting assets from a loved one can be a bittersweet experience. But what about inheriting debts? Many Canadians are understandably concerned about the possibility of being saddled with a deceased relative’s financial obligations. While the prospect of inheriting debt can be worrying, it’s essential to understand how debt inheritance works in Canada. Here’s a breakdown…

Doing It Your Way Embracing Debt And Dying
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Doing It Your Way Embracing Debt And Dying

An Exploration of Seniors, Debt, and the Journey Beyond In the sunset years of life, the weight of debt intertwines with the complexities of health, family, and mortality. The struggle is real, and as our senior population grapples with this intersection of financial and personal challenges, it’s crucial to tread with empathy and understanding. The…

3 Paths To Financial Freedom: A Guide To Debt Consolidation Options
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3 Paths To Financial Freedom: A Guide To Debt Consolidation Options

Discover a Simpler Path to Repayment, Credit Rebuilding, and Savings In the complex world of debt, clarity is your compass. Let’s unravel the mysteries of debt consolidation and show you not just a way out but a way to financial freedom. Solutions Credit Counselling introduces you to a powerful debt consolidation program that’s more than…

Avoid These 9 Common Debt Traps
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Avoid These 9 Common Debt Traps

Unlocking Financial Wisdom for a Stress-Free Life! Given our busy lives, budgeting, and financial planning are easy things to overlook, especially irregular and unexpected expenses, leading many into debt spiral. Understanding and preparing for these often-forgotten costs is paramount to fortifying your financial fortress and liberating yourself from the looming debt threat. Let’s delve into…

Avoiding Debt Burnout: Sustaining Momentum On Your Debt-Free Journey
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Avoiding Debt Burnout: Sustaining Momentum On Your Debt-Free Journey

In the realm of debt relief, the journey often begins with enthusiasm and determination. Clients are fueled by excitement, anxiety, and motivation to finally embark on the process of debt repayment. The initial stages are marked by a barrage of questions regarding the intricacies of debt management programs and the anticipated impact on their lives….

Emerge Stronger From Covid-19: Say Goodbye To Debt!
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Emerge Stronger From Covid-19: Say Goodbye To Debt!

Has the impact of COVID-19 reshaped your financial landscape? You’re not alone if you’re seeking a transformative change in your financial situation. The aftermath of COVID-19 has left countless Canadians grappling with financial stress, with nearly 50% admitting they live precariously close to bankruptcy. Recognizing your challenges, Solutions Credit Counselling is your trusted partner in…

3 Paths To Financial Freedom: A Guide To Debt Consolidation Solutions

3 Paths To Financial Freedom: A Guide To Debt Consolidation Solutions

Embarking on the journey to overcome debt involves crucial decision-making, and understanding the nuances of debt consolidation is key. In this ever-evolving financial landscape, Solutions Credit Counselling Service Inc. provides professional insights into the three primary avenues of debt consolidation, each offering unique benefits tailored to your financial situation. Three Types of Debt Consolidation 1….

Financial Literacy: The Key to Financial Well-Being

What does it mean to have good financial literacy? Being financially literate means having the knowledge to make decisions that will positively impact your financial health. As noted in the Relation between Financial Literacy, Financial Wellbeing and Financial Concerns, “the higher your financial literacy the greater your financial well-being.” Tracking spending, budgeting, saving, and borrowing…

DOLLARS & SENSE

Before Shopping, Consider Stopping;   SHOP TILL YOU DROP Shopping has become one of Canada’s favorite pastimes but is also a massive contributor to debt and financial difficulty.  Fortunes are spent, unneeded items are bought, and cash registers continue to ring.  Canadians seem to have an unquenchable desire for more things.  When a charge card…

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Protecting Yourself from Fraud – And the Bank

In Canada, you are innocent until you’re proven guilty.  It would appear that our banking system has forgotten this simple fact. Lyndsay Passmore (http://www.theprovince.com/Woman+issues+warning+after+thieves+ring+thousands+credit+cards+bank+says/11333047/story.html)  had 4 credit cards stolen.  When she noticed them missing, she contacted the appropriate banks.  In the interim between the cards being taken and her reporting them stolen, the thieves had…