by Ajay Oberoi | Bankruptcy, Budgeting, collection calls, Consumer Proposal, Credit Counseling, Credit Repair, Insolvency, Mortgage Payments
Many Canadians continue to struggle to make mortgage payments since the COVID-19 epidemic and the financial strain it caused is not close to being over. For a time, mortgage deferrals assisted, but those deferral periods have now come to an end. For most of the...
by Ajay Oberoi | Bankruptcy, Budgeting, collection calls, Consumer Proposal, Credit Counseling, Insolvency
It’s very rare to see your consumer proposal rejected by creditors but it is a possibility. If this is the case, no need to worry, there’s still a way. When the consumer proposal is filed, you must allow the creditors to make their decision (by taking votes) within 45...
by Ajay Oberoi | Bankruptcy, Budgeting, collection calls, Consumer Proposal, Credit Counseling, Gambling, Insolvency, Spending Habits, Student Loan
The option of freezing a bank account is a choice at hand for creditors in order for them to get the outstanding debt when payments are delayed. A frozen bank account can be a sight of a lot of problems. Since your ability to withdraw or transfer money is taken away,...
by Ajay Oberoi | Bankruptcy, Budgeting, collection calls, Credit Counseling, Insolvency, Job Loss, Marriage
With any app nowadays you can track your spending no matter where you are. If you don’t like that and like to keep things a bit old fashioned, a pad and a pen is always great as well. Keeping your receipts and filing them later is another effective way. Regardless...
by Ajay Oberoi | Budgeting, collection calls, Consumer Proposal, Credit Counseling, Divorce, Grocery Shopping, Insolvency, Job Loss, Uncategorized
Setting up an emergency fund to have ready for those rainy days is one of the most important things you should do when becoming free of debt. What’s The Purpose Of An Emergency Fund? Things always happen unexpectedly and those unexpected things can usually lead to an...
by Ajay Oberoi | Bankruptcy, Budgeting, car financed, Car Leased, collection calls, Consumer Proposal, Credit Counseling, Divorce, Insolvency, Job Loss
Getting behind on car payments is not something that is taken lightly by finance companies. In order for them to recoup the amount owed, more times than not they choose the option of repossessing your vehicle. This does not solve their issue completely. In nearly...