How to Make Your Bank Unfreeze Your Frozen Bank Account

Your bank account is your source of financial security, but it’s not always so secure. A frozen bank account is something many people have to deal with, and if it happens to you, you need to take action fast. A frozen bank account can usually...

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Did You Know? When Filing a Consumer Proposal Many People are Able to Keep Their Homes

Filing for a consumer proposal is becoming a popular debt consolidation option for Canadians. In 2016, 62,506 Canadians filed for consumer proposal. More Canadians are opting for consumer proposal than bankruptcy, and the number of people who...

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30-Day Countdown: How to Tackle Back Taxes and Tax Debt

The 2017 income tax deadline is on April 30, 2018. Have you filed your taxes yet? If you’re waiting or afraid to due to back taxes or because you’ll owe a tax debt, read on… If you have back taxes: When you owe back taxes, the best thing you...

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CRA Penalties, Interest, and More – What to Do if You Will Miss the 2017 Tax Deadline

The 2017 income tax deadline is nearly a month away. April 30, 2018 is the date you must file by or be subject to Canada Revenue Agency (CRA) penalties, interest, and possibly collection action. Tax time can be a source of stress — gathering...

Posted | by |in 2017 income tax deadline, Blog, Canada Revenue Agency Collections, CRA Late Filing Penalty

Your 2018 Debt Consolidation Options

As Canada’s household debt continues to rise, many Canadians are looking at debt consolidation options. Rising interest rates and new mortgage rules are leaving less room for debt and those who once had a comfortable cushion may now find...

Posted | by |in Bankruptcy, Blog, Debt Consolidation

Surviving Rising Interest Rates – Locking Your Rate May Be the Best Time to Refinance

So far in 2018 Canadian homeowners have experienced several major changes that could affect finances — new mortgage rules and rising interest rates First, let’s look at the new mortgage rules. On January 1, 2018, new Canadian mortgage rules...

Posted | by |in Bank of Canada Interest Rate, Blog, Mortgage Refinancing

Question Corner: When Will CRA Garnishment Happen to Me if I Owe?

The 2017 income tax deadline is looming on April 30, 2018 and with it the consequences of not paying a tax debt in full. One such consequence if you fail to pay a tax debt is Canada Revenue Agency (CRA) garnishment. A CRA garnishment is just...

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Creating a Plan to Repair your Credit in 2016

2015 is coming to a close, and the past year has likely been full of change – such is life. For many Canadians, this means more debt accumulation, followed by a concern regarding bruised credit. So, why not get started on your New Year’s...

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How to Consolidate Debt and Start the New Year Fresh

2016 is fast approaching, and that usually means setting goals for the year ahead and making plans to get certain things back on track. For many Canadians, this means taking a good, hard look at finances and often attempting to take control of...

Posted | by |in Blog, Canadian Consumer Debt, Consolidate Credit Cards, Consolidate Debt, How To Consolidate Debt

We Speak Your Language. Having Some Financial Problems and Need Help? DebtCare Offers Services and Consultants that Speak Your Language

DebtCare Canada is proud to announce that we now offer services in a number of different languages. When you are struggling with your finances, language should not be a further hindrance to obtaining help. We now offer financial services in...

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Can a Collection Agency Issue a Wage Garnishment?

It is a very common scenario: you’re aware of the existence of a bad debt, but with no means to pay the debt, you instead choose to ignore the calls and notices and hope that you can eventually amass the funds to pay it in full – or just...

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Getting Prepared: Consolidate Your Debt Long Before the Holidays

With the end of September fast approaching, that means the seasons are officially changing. It also means that the holiday season is only 3 short months away. If you are in debt, this can become a stressful time, very quickly. People often...

Posted | by |in Blog, Collections Debt in Canada, Consolidate Credit Cards, Consolidate Debt, Consolidation Companies in Canada