Credit Ombud Head of Legal Department Reana Steyn explains the benefits of debt counselling but emphasises that the consumer still has a responsibility to ensure their debts are being managed properly
Credit Counselling of Atlantic Canada — 2009 Success Story
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Jedi Council’s Kristian Harloff gives his non-spoiler review of the new Star Wars novel ‘Life Debt (Aftermath)’ written by Chuck Wendig
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Debt is a common part of life. However, not every consumer has been behind on their debts to a point wherein a collector is reaching out to you. The moment a debt collector tries to get in contact with you, you might feel intimidated, even scared. How do you deal with them? Or is your debt at such a significant point that a third-party collecting agency is called in for collecting payments to your debt? You can get free advice from debt mediators about how to deal with the situation.
For more information, visit their website at: http://www.debtmediators.com.au
Suffering from a heavy debt burden can be compared to a sportperson suffering an injury during a match, says Rudi Bedeker Group sales director at DCM.
http://www.bscc.ca/page/debt-settlement.aspx – Debt Settlement and Debt Mediation – call us today at 1-866-790-8984
Business Solutions & Credit Counselling Services
12033 92A Avenue Surrey, BC V3V 4B8
Tel: 604-951-8984 or 1-866-790-8984
A consumer proposal is a way to come up with a solution with your creditors to repay your debts. In most proposals you repay less than the full sum outstanding, plus your creditors agree to write off the rest of your debts. It’s a “win-win” for both of you.
Just what is a consumer proposal?
Unlike an informal debt settlement plan, a consumer proposal is a legally binding agreement that you and your administrator work out with your creditors.
For over a decade, the professionals at Business Solutions and Credit Counselling Services (BSCC), a registered, government-approved credit counseling Toronto (as well as Vancouver, Calgary, and Edmonton) firm, has assisted hundreds of thousands of consumers throughout Canada to avoid bankruptcy, prepare a consumer proposal, rebuild their credit, and pay off credit card debt. These are clients who were once struggling to manage excessive debt and financial obligations. We work with each client individually, designing manageable, realistic programs to absolve your financial burden and stress. Debt settlement is one way to avoid bankruptcy and provides positive alternatives for many serious financial situations.
For more information about avoiding bankruptcy and how to become debt free, please visit us at http://www.bscc.ca or call 1-866-790-8984 today!
A one minute video through which debt (loan) consolidation, refinancing and restructuring are defined, explained and compared.
A lot of people think debt consolidation is the same thing as debt refinancing. Or that debt restructuring and debt refinancing are synonyms.
That’s definitely not the case.
Loan consolidation, refinancing and restructuring sometimes have things in common but make no mistake, we’re talking about completely different terms.
Today, I did my best to put debt consolidation, debt refinancing as well as debt restructuring under the microscope.
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