Chase & Associates
There are countless things that cause Canadians to experience financial difficulty. Things such as job loss, poor spending choices and being a victim of fraud are just a few reasons behind Canadians’ financial troubles. Among these, a relationship change, whether that means a breakup, separation, or divorce, is one of...
When someone contacts us to find a solution to their debt problems we are required to gain an understanding of their financial situation. We refer to this free and confidential meeting as providing a financial assessment. During the meeting, we go over a variety of options that might provide debt...
Many people struggle managing their monthly budget and could benefit from receiving financial counselling. Or in other words, a money coach. Financial counselling, sometimes called credit counselling, is available at our office.There is no doubt that everyone’s life has been impacted by a coach at one point or another. That...
The Canada Emergency Response Benefit (CERB) was designed to help those that lost their jobs or had their household income reduced due to the Covid-19 Pandemic. When it was first introduced the government's intent was to provide financial relief to those that needed it as quickly as possible. As such...
What a stressful event. After you get over the shock, frustration, and sadness, you need a plan.We are currently facing uncertain times but one never knows the financial stability of our employer. It's a very difficult experience and time to go through for all those involved, however, it is important...
When you owe an income tax debt to Canada Revenue Agency (CRA), affectionately known as Her Majesty the Queen, there are some important things that you need to know. It is one thing to owe money to a bank, credit card, or payday loan place however, it is quite different...
If you are having money troubles and find it difficult to pay your credit card debts, line of credit, car loans, AND mortgage you are not alone. Homeownership is expensive. Before you know it, the credit cards have been maxed out due to a renovation project or because of general...
In our role as Licensed Insolvency Trustees, we meet with lots of people. More than you might think. On several occasions, a comment has been made about how difficult it was to reach out to us. The reason?“I did not want anyone to know.”This is a very natural feeling. It...
You might be surprised to learn that there is a cost to file for bankruptcy. This may seem illogical because if you had money you would likely just pay your debts. The good news is this cost is regulated by the Federal Government and all fees are checked by the...
Given the recent downturn in the global economy and the numerous new risks faced by businesses, many are struggling. You may have read in the newspaper or seen on the news references to a company being in bankruptcy or receivership and been wondering, is there a difference?The quick answer is...