debt Tag

If there is one thing we've all learned with Covid-19 is that unforeseen circumstances can show up at any time and have an impact on our finances, especially on our ability to make regular mortgage payments. With early intervention, cooperation, and a well executed plan,...

The new "normal" brought in by Covid-19, has made people question the future of real estate and whether or not they should be investing. While people might be nervous about travelling and even leaving their homes, it’s not stopping the real estate market from continuing...

Mortgage rules are undergoing some changes due to the current situation with Covid-19. The Canadian Mortgage and Housing Corporation (CMHC) announced changes to the eligibility rules for mortgage insurance, in the agency’s latest response to the COVID-19 pandemic. What are the new rules? The new rules...

Ever since the economic halt took place due to Covid-19, many people have been considering refinancing their mortgage. Before you rush into any decision, there a few things you should consider. First and foremost, people normally refinance their mortgages because they want to switch to...

In the past, we’ve blogged about the topic of mortgage and divorce. There is also the question of how to deal with debt in a marriage. What happens to the debt each individual has before getting married? Will the individual’s debt affect the other person’s...

Since the lockdown caused by the Covid-19 pandemic, many questions about finances and how to keep up with mortgage payments have come up and many Canadians have been extremely worried about their financial situation. In response to these worries and situation, the government of Canada...

Since last week’s post, we’ve been contacted by people willing to know more about wage garnishment. We’ve decided to dedicate this post to the topic of garnishment in Canada when it comes to your wages. As we stated on the last post, wage garnishment is a...

As we continue our series of posts about debt and mortgage payments during this pandemic, we decided to talk about the financial support payments that have been introduced by the government of Canada. It is important to understand what CERB is all about as...

Debt has been the most pressing issue during this COVID-19 situation. Our previous posts have addressed some of these issues from the danger of predatory lending to the help you can get from credit counselling. Managing one’s debt is extremely important. However, each case is...

More so now than ever before we see people worry about their debts. COVID-19 brought an unprecedented reality to all of us. If you are out of work as a result of the coronavirus pandemic, you have noticed by now that the bills were not...