Debt Settlement in Canada Articles - Archive: 2012

Good evening, I have been separated from my husband and working on a divorce settlement now for five years. During this time, I incured approximately $15,000.00 of credit card debt. I was paying minimum payments but then he stopped paying support and lawyers fees were eating was left in my budget. We have finally reached [...]

I have 2 credit card, 1 that I owe nothing on, and the other one that is maxed at over $32,000.00. I have just recently being laid off, and no longer can make my monthly minimum payments. for the past 24 months, for the card I owe $ to I have made at least my [...]

I filed a bankruptcy 10years ago. I have since had a frastic change in family income with the death of my husband and credit card debts I was able to cover are no longer manageble ln my pension. Can a debt reduction plan help me? it Posted from: British Columbia

Me & my husband have almost 80000 consumer loans, He is getting around 4200 a month but we have 3 children and still renting. Lately we are behind in all credit payments and mostly asking for full repayment. I was out of job for a long time and just got into the labor force recently [...]

I have approx $35,000 in debit from Visa/Mastercard. Do I qualify for a plan?, how is it started, and does it effect my credit rating? Also will I still have access to my credit cards during/after this process? thanks Posted from: Ontario

Does this include monies owed to CRA Posted from: British Columbia