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Recent Survey Shows Canadians Facing Rising Interest Rates and Credit Card Debt

As interest rates slowly creep up across the country, it seems that Canadians are starting to feel the effects. The generation of adults from their late teens to their mid-40s is paying for more of their purchases, almost exclusively, with credit cards unlike their predecessors who paid more by cash. Apparently, because of this and […]

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What happens to a leased car during bankruptcy?

Struggling with your finances is difficult enough, but deciphering what debt solutions are available to you and which of your assets, if any, are protected require professional advice. Most individuals who owe money can feel overwhelmed. Fortunately, there are Licensed Insolvency Trustees (LIT) like A.C. Waring & Associates Inc. who can offer debt help across […]

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Wage Garnishment in Alberta: Facts & FAQ for Employees & Employers

Updated October 16, 2019 When someone isn’t able to pay their debts off in a timely manner, the person or organization who is owed money may ask the courts to garnish the debtor’s wages. Wage garnishment can have serious ramifications for individuals already struggling to make ends meet.  Sometimes we take on more debt than […]

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