If you have been seeking help with debt, you may have visited (or thought about visiting) a number of places:
- - Your Cambridge/Kitchener/Waterloo bank for a debt consolidation loan
- - A Bankruptcy Trustee in Cambridge/Kitchener/Waterloo
- - Consumer Credit Counselling in Cambridge/Kitchener/Waterloo
Realizing that your debt has become unmanageable can be confusing and stressful. There are so many reasons that people cannot pay their debts. Unexpected job loss, disability, divorce, addiction, failed businesses, issues with children, mismanagement of credit and income taxes are all common causes of financial crisis.
DebtCare Canada is different. We are NOT a bankruptcy trustee and we don’t ONLY offer credit counselling.
We are a team of seasoned financial professionals who are capable of dealing with all types of financial situations. We leverage programs that have been made available by the Federal Government to help people deal with debt. These programs stop most wage garnishments and other collections and in most cases do not involve bankruptcy.
To find out more call DebtCare Canada at 888-890-0888
The Economy in Cambridge/Kitchener/Waterloo
More than 500,000 people live in the Kitchener, Cambridge Waterloo region. The region’s economy has largely been fuelled by the automotive manufacturing industry and unfortunately lost 1500 jobs in 2008 with the closure of Budd Canada. According to the 2006 Census 24% of the labor market in the region is in the manufacturing sector.
From December 2009 to December 2010, the labor force of the Kitchener-Waterloo economic region increased by 12,000 while employment rose by 17,200.
The number of unemployed people fell by 5,300, causing the unemployment rate to decline from 8.0% in December 2009 to 7.1% in December 2010. Over the same period, the provincial unemployment rate fell from 8.3% to 7.5%.
Regional Manager:
Pam Shimmerman graduated from Ogsoode Law School and the Schulich School of Business with both a law degree and a business degree. Pam is a mother of three with a special needs child and cares about people. While Pam could have used her law degree to embark upon a lucrative career in business law, she chose instead to use it to make a difference – advocating for people who are in financial crisis and who don't have the resources that their creditors have. Pam creates a level playing field for our clients. Pam applies her legal "know how" to stop collectors in their tracks, providing the breathing room for our clients to be able to make financial choices with a clear head. Pam spent many years practicing law within a large financial institution, guiding corporate clients through the structuring and re-structuring of their debt. In complex situations, Pam is able to lend her legal expertise so that our clients have a plan that best protects all of their interests. Pam decided to join DebtCare Canada because of her commitment to help people deal with their debt. Coupled with her legal and business background, Pam is compassionate and offers our clients additional insight into their financial situations to help them get back on their feet. Pam also prepares wills, powers of attorney, and affidavits and can represent DebtCare Canada clients with respect to mediation requirements, discharge hearings, student loan write off requests and proposal reinstatement hearings. Pam also facilitates corporate and strategic referral relationships for DebtCare Canada. Contact Pam at: info@debtcare.ca
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