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Debt Consolidation and Debt Help for Newfoundland & Labrador Residents

Why Choose DebtCare?

We specialize in debt consolidation by accessing government options to eliminate or reduce your debt.

If you have over $8,000 of unsecured
debts, CALL NOW!

  • AVOID bankruptcy
  • STOP wage garnishments
  • STOP harassing phone calls
  • PROTECT your home and car

Get a financial fresh start

  • REDUCE credit card debt
  • REDUCE Canada Revenue Debt
  • REDUCE your interest rate to 0%
  • CONSOLIDATE your debts into one

Dealing with debt in Newfoundland

Many families in Newfoundland & Labrador are struggling with debt. Often times a financial crisis can be precipitated by job loss, a failed business, divorce or disability, amongst other reasons.

If you are struggling with debt your first choice may be to see what help is available. Debt consolidation and debt help is available to Newfoundland & Labrador residents, but it is important to research and understand who you are going to for help.

You may choose to deal with your debt different ways – through:

  • a debt consolidation
  • borrowing more money
  • credit counselling
  • consumer proposals
  • bankruptcy
  • debt settlements
  • or a strong financial plan

Some of these choices could make your financial problem worse while other choices could turn your life in a more positive financial direction.

  • We are not Bankruptcy Trustees – they represent your creditors.
  • We are not like credit counselling agencies – they are largely funded by your Credit Card company’s donations.
  • We are not a financial institution – we don’t put our clients in more debt.

Our only agenda is you! We represent YOUR interests.

Our services go well beyond the scope of other debt counselling services. We are Financial Consultants and our team sets the standard for its combination of Credit Counsellors, Insolvency Counsellors, Financial Experts, Legal Professionals and Community Educators in Canada.

DebtCare leverages Federal Government programs to help individuals and businesses struggling with debt. You will not pay one dollar to DebtCare, unless you have been accepted and approved into one of our programs.

Call DebtCare Canada today 1 (888) 890-0888.

Living with Debt in Newfoundland & Labrador

Because of overfishing and the collapse of the cod fishery in the province, Newfoundland has been long known for being a depressed economy with record unemployment rates.

Discoveries in mining and offshore oil have caused a major turnaround in the Newfoundland economy.  In recent years the unemployment rate has steadily decreased and the population has seen moderate growth.

With that said Newfoundland families have suffered the impacts of the late-2000’s recession.

The fishing industry is still a key part of the Newfoundland economy employing 26,000 people across the province.

Bankruptcy and consumer proposal rates have reduced significantly in the province from 2009-2010, which is a sign that Newfoundlanders are finding ways to hold their finances intact. With that said, recent changes in bankruptcy laws have made it much harder and more expensive for Canadian families to get debt relief, causing folks to look for other financial options, like financial consultants.

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