Debt free Alberta

Credit counselling is an invaluable resource for anyone who is in debt. It entails working with a trained credit counsellor who can assist you in developing a debt management plan and improving your financial situation. There are numerous credit counselling services in Edmonton. In this blog, we'll look at the benefits of  credit counselling Edmonton  and how it can help you get your finances back on track. What precisely is credit counselling ?            Credit counselling is a service that assists individuals and families in debt management. Working with a trained professional who can offer advice and guidance on how to pay off debt, improve credit scores, and develop healthy financial habits is required. Credit counsellors can also negotiate on your behalf with creditors to lower interest rates and create a more manageable repayment plan. The Advantages of Credit Counseling Working with a credit counsellor in Edmonton has numerous adva...

You've probably heard the term " consumer proposal  Calgary " But do you truly understand what it means? And do you understand how it differs from bankruptcy? Consumer proposals and bankruptcies help you get out of debt and improve your monthly cash flow. However, they accomplish these goals in very different ways. This blog post will define a consumer proposal, explain how it works, and explain why filing for a consumer proposal may be preferable to filing for bankruptcy. What is Consumer Proposal, & How Does It Work? A consumer proposal is a formal agreement reached with creditors to whom you owe money. A consumer proposal is an alternative to bankruptcy for dealing with debt. It safeguards you against creditors who seek immediate debt collection, sometimes through legal action. Instead of paying creditors directly, you'll make payments through the LIT you're working with when filing a consumer proposal. The LIT will then pay the creditors according ...