Category Archives for "Articles"
You may encounter situations where someone you know approaches you for assistance in obtaining a loan. It could be your own spouse, child or friend. If you have good credit, you may consider helping them. Before agreeing, you should consider the merits and consequences and investigate all options. It may be better overall for both […]Continue reading
DO: Register for My Account and/or My Business Account with Canada Revenue Agency (“CRA”) to have on-line access to your tax slips, status of your refunds or balances owing, etc. You register by calling in to 1-800-959-8281, with a copy of a recent tax return or Notice of Assessment available to respond to queries to […]Continue reading
You may be faced with having to replace your vehicle after filing for bankruptcy or a proposal. If you have looked at other options and believe that you need to purchase a vehicle, the following tips may assist you with making your decision to obtaining a vehicle within your budget. It is easier to purchase […]Continue reading
Credit cards are pre-authorized debt issued by a bank or finance company which must be paid back. It is a privilege granted to you and not a right. You can avoid interest charges on purchases if the full balance of purchases is paid back within the month. Benefits. Credit cards are convenient enabling you to […]Continue reading
Your credit rating is a factor that can impact not only your ability to obtain credit but also the cost of credit, and, in some cases, obtaining employment and renting an apartment or home. You can rebuild your credit rating, but it is a process that you have to work at and will take time. […]Continue reading
When you are struggling with paying your debts and have missed one or more payments on the mortgage on your personal residence, you may be facing foreclosure. The foreclosure process may vary by province so the information below may not be accurate for provinces other than British Columbia. A missed payment on your mortgage is […]Continue reading
Cash is key to the survival of any business. No matter how much equipment or assets you have in your business, you will not survive if you cannot pay your bills. As a self-employed contractor, you do not have the accounting or financial resources so readily available in a large corporation and therefore are directly […]Continue reading