Two focused adults sitting at an office table reviewing printed documents together. A city skyline is visible through a large window behind them. […]
Understanding Bankruptcy Exemptions in Alberta
The Consumer Proposal Process: What to Expect
Think there is no way out of debt? Discover consumer proposals, credit counselling, and bankruptcy solutions with A.C. Waring & Associates in Edmonton. […]
Good vs. Bad Debt: What’s the Difference?
Think there is no way out of debt? Explore good vs. bad debt, credit counselling, and consumer proposals in Edmonton with A. C. Waring & Associates. […]
Does Consolidated Credit Affect Your Credit Score?
Yes, consolidating your credit affects your credit score, but the impact can be positive over time if managed correctly. […]
How Debt Consolidation Works in Canada: A Detailed Guide
Dealing with debt can feel overwhelming. You might be tempted to think of “overwhelming debt” as owing a large amount of money. Sometimes, though, meeting all of your minimum monthly payments to several different creditors can be a challenge even when the overall debt number is not that high. In cases like this, many debt […]
What Is the Role of a Licensed Insolvency Trustee in Bankruptcy?
A licensed insolvency trustee (LIT) is the only regulated professional in Canada who can manage bankruptcy filing or consumer proposals. […]
Consumer Proposal vs Debt Consolidation: When to Consider Each
The choice between a consumer proposal and debt consolidation depends on your total debt, your credit score, and whether you need legal protection from creditors. […]
What Is Foreclosure on a Home?
In Alberta, foreclosure is carried out under The Land Contracts Actions Act. This action allows your mortgage lender to sell or take ownership of your home when you are in default under your mortgage contract. Default may include any of the following: non-payment of property taxes, insurance expiry and arrears of mortgage payments. However, you still have limited rights and options to protect yourself even when foreclosure proceedings begin. […]
Why You Should Be Careful Before Paying a Collection Agency?
However, paying a collection agency without understanding the consequences can actually hurt your financial situation and will not improve your credit score since the damage has already been done. […]
What Happens to Debt When You Die?
In Canada, your debt does not disappear when you die—it is typically paid by your estate. […]
