Chase & Associates
No matter the situation, if you feel overwhelmed and confused, it's best to reach out to an expert and receive professional advice. So if your debt is out of control, the process is no different—you should contact a local Licensed Insolvency Trustee (LIT). LITs are licensed by the Canadian Federal...
You’d be amazed by the number of people who have navigated the Bankruptcy process in Canada and afterward went on to achieve remarkable success. Bankruptcy isn't a sign of failure—it is a financial tool designed to help you reset your future.Financial distress can also arise from various factors, many of...
Post-secondary training and tuition are expensive—enough to raise concern for parents who want to help cover the costs of their kid's education. Luckily, the Registered Education Savings Plan (RESP) is a great investment option with some unmatched benefits for your child's future.Let's look into one of the best ways to...
There is a common path for most people who struggle with debt. First, it becomes clear you cannot make bill payments. Then, you start to rack up interest and late fees. Before long, you receive constant calls from collections. By this point, balances can get so out of hand that...
Debt—whether from credit cards, income taxes, student loans, or lines of credit—can quickly spiral out of control. Accumulate too much too fast, and you could be stuck with unmanageable financial obligations. The stress from that kind of unpayable balance can take a serious toll on your well-being and peace of...
Thanks to inflation, higher taxes, and some questionable government decisions, the cost of living in Canada has never been higher. For example, soaring food costs have dealt a heavy blow to household budgets—food banks are reporting record-high demand for necessities. Canadians from coast to coast can feel the strain.As a...
As the calendar turns over to the New Year, many of us take some time to reflect on how we would like our lives to change for the positive. One of the main themes in this complex web called life is our finances and debt load.For most, a New Year’s...
Beautiful British Columbia is a great place to live. But there is one concerning issue: the increasing frequency of natural disasters. Flooding, wildfires, and intense storms are common in the provinceLuckily, you can protect your finances and assets with insurance policies and financial relief programs. Let's explore each of...
The digital age has transformed how we work, shop, and interact. However, it has also opened up new avenues for cybercrime and online scams, which can have immense financial consequences. From identity theft to bank fraud to voluntarily transferring your funds to an international location, these schemes can involve hefty...
The debt cycle is tough to escape. What starts as a small debt turns into large interest amounts that snowball into yet more debt to pay. You borrow and repay and borrow and repay, a loop with growing balances on every payment.Soon, the bills and rates become too high. No...