Chase & Associates
Every day, Canadians make decisions about whether to spend money—and how to pay for those purchases. Once we decide to go forward with the transaction, the next decision is how to pay; cash or credit? This is not a hard decision, or maybe no decision at all, for most people...
As we continue our commitment to helping individuals and families find a fresh financial start, our practice is entering an exciting new chapter. As part of this transition, Len Hiquebran, Licensed Insolvency Trustee, officially took over the LIT practice previously operated by Derek L. Chase on January 1, 2022.As part...
Do you feel like your finances are starting to slip — or that debt is slowly taking over? Financial trouble rarely happens all at once. More often, it builds quietly, with small warning signs that are easy to ignore until they become impossible to manage. Below are some common indicators that you...
The continuing upwards pressure on the cost of living in BC has caused the most grief to seniors on fixed pension income or if your income is modest. Inflation has pushed the cost of groceries and rent higher and higher to the point where people are missing meals or living...
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...