Blogs Archive - Fontaine & Associates Inc

Blog

Do I need a Bankruptcy Lawyer?

October 7, 2019

Many Canadians that are facing insolvency start looking for solutions by searching for a “Bankruptcy Lawyer,” believing that this is the title given to professionals who are licensed to help with personal bankruptcy or formal debt settlement. This is not the case! Only Licensed Insolvency Trustees (LITs) can administer bankruptcies or consumer proposals in Canada. The confusion is partly due to the American insolvency system, which is very different...

3 Top Choices for Student Debt Relief (2019)

August 5, 2019

As the economy changes and less well-paying jobs are available to those with a university education, more people are struggling to make their student loan payments. If you are a recent graduate, there are quite a few resources in place to help. Anyone who’s been out of school for seven years or longer should consult a Licensed Insolvency Trustee (LIT) for student debt relief...

Do You Owe Money to the CRA? Are You Unable to Pay?

July 9, 2019

If you have tax debt, you are not alone. Almost half of our clients are dealing with debts owed to the Canada Revenue Agency (CRA). Of those, a large percentage are people who have paid their taxes every year. Tax evasion is just one of many reasons why a person may find themselves owing to the CRA. For the average employee who holds one job, their employer will automatically deduct a percentage for taxes from their wage, reducing the amount of money that person will owe come tax season.

Debt Consolidation – What Are My Options?

June 18, 2019

Debt can come in different shapes and sizes, and from a variety of various sources. Managing multiple debts can be challenging and cause problems from forgotten due dates to missed payments. With time, many outstanding debts can become unmanageable. You either are someone or know someone who has struggled with debt and has dealt with the stress of trying to balance it all. If you find yourself in this situation, do not give up! There are multiple solutions that can help.

Consumer Proposals and Credit Ratings

May 4, 2019

Anyone with a high debt-load knows how stressful it is to try and keep up with payments. If for some reason, you are unable to pay then you now must deal with service interruptions, collection agencies and impending legal action. Missed payments also impact your credit rating, which may affect your ability to qualify for credit cards, loans, and other credit products in the future. Your current financial status may be stressful now, but it can also be creating future stress as your options become more limited...

Is a Consumer Proposal a Good Idea?

April 1, 2019

At Fontaine & Associates Inc., we understand that every person’s financial circumstances are different. A personalized debt solution makes all the difference. Our knowledgeable credit councillors and Licensed Insolvency Trustees are dedicated to applying their expertise to get you back on track quickly. For over 35 years, we have successfully helped people just like you significantly reduce their debt load, providing peace of mind about their financial future...

Consumer Proposal vs Bankruptcy

March 2, 2019

Taking the time to learn about your debt management options can save you thousands of dollars and reduce the stress and worry about your financial future. At Fontaine & Associates, we are here to help you find the right debt management solution for you. This article explains the most (and least) effective top debt relief solutions for most Canadians...

Blog

Do I need a Bankruptcy Lawyer?

3 Top Choices for Student Debt Relief (2019)

Do You Owe Money to the CRA? Are You Unable to Pay?

Debt Consolidation – What Are My Options?

Consumer Proposals and Credit Ratings

Is a Consumer Proposal a Good Idea?

Consumer Proposal vs Bankruptcy

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