Derek L Chase & Associates Ltd.
The world, and many of the world’s economies, including Canada’s, are in uncertain times. Inflation is upon us, interest rates have been rising, war and rumors of wars dominate the media. The energy security that most countries previously took for granted has now become a question. The vast majority of...
Talking about debt and money issues can be difficult at the best of times. If you are in the midst of dating someone that you really like, this topic can be difficult. How can you determine if your prospective life partner is on the same page as you when it...
Many Canadians received a collection letter from the Canada Revenue Agency (CRA), asking them to repay CERB (Canada Emergency Response Benefit). Our debt experts explain if you can avoid CERB repayment through Bankruptcy or Consumer Proposal....
The Code of Ethics for Licensed Insolvency Trustees (LIT) ensures that everyone who seeks financial help from an LIT is given all the legal tools available to help them. Find out more about what this code means for you and your financial future....
In the last ten years, subprime loans from non bank lenders have gained market share for people or companies looking for a loan or mortgage. Often, it can be difficult to qualify for a loan from a regular bank or credit union. If you can’t qualify due to your credit score,...
We list three ways to check your credit at no cost and explain why getting a free credit score, as easy as it may seem, may not be your best option....
It is important that young adults be taught financial literacy at a younger age. Teaching them how to use credit cards wisely, manage their money and more can lead to a positive future with less debt. Contact Derek L. Chase & Associates to analyze your finances and provide you with...
There are times in our lives when we find ourselves coming up short at the end of the month and wondering ‘How are we going to manage until next payday?’. Then payday arrives and we get back on track…at least until the next time it happens. If ‘the next time’ seems...
One of the more common types of debt that we see people struggling with is student loans. There are many reasons for this which can range from the large size of the student loans to the inability to secure a sufficiently well paying job. If this has become a problem...
Filing Bankruptcy or a Consumer Proposal is a legal process that uses powerful Federal Government of Canada laws to get you protection from your creditors and obtain a fresh start with your finances. What if your employer found out about your insolvency? What would happen?...