Canada debt forgiveness: your options
You may well be wondering which Canada debt forgiveness programs are out there, especially if you are tired of juggling multiple overdue bill payments.
You may well be wondering which Canada debt forgiveness programs are out there, especially if you are tired of juggling multiple overdue bill payments.
With a rising cost of living and multiple interest rate hikes, it is little surprise that many Canadians are struggling with financial difficulties, often not knowing how to make ends meet.
It will likely come as no surprise to you that Canada is in the midst of a student debt crisis. In a world where the vast majority of costs are increasing – the cost of living and rising interest rates to name a couple – so too is the cost of student loans.
If you have filed bankruptcy or are nearing discharge from bankruptcy, you may well be wondering about credit repair in Canada.
Perhaps you have filed your tax returns (or maybe you have not) – and it may be that you owe back taxes to the Canada Revenue Agency (CRA).
In order to file bankruptcy in Canada, you need the support of a Licensed Insolvency Trustee who will file for you.
If you are in need of support when it comes to making your CERB repayments, you are certainly not alone.
At Spergel, we understand that there is nothing worse than feeling strapped for cash.
There’s no denying that Canada can be an expensive place to live, especially if you are living in a city like Toronto or Ottawa, where you may be wondering ‘how much should I spend on rent?’
Unfortunately, many of us end up with a large tax bill each year – and you do not even need to be a tax cheat to find yourself with one.
If you received Canada Emergency Response Benefit (CERB) but were ineligible for the criteria, you may well have received a notice of redetermination from the Canada Revenue Agency (CRA) to show that you owe CERB tax debt.
You have probably landed on this page because you are considering filing bankruptcy in Ontario.