D. Thode & Associates

01/14/2022

A consumer proposal is an offer to your creditors to settle debt with your creditors without any further interest and often at a significantly reduced amount.

09/28/2020

Your personal finances are just that – yours. Similarly, debts that are only in your name are yours.

09/12/2020

How does a Consumer Proposal consolidate my Debt? When considering consolidation, most consumers think of the following ways to consolidate their debt: 1. Obtain a consolidation loan from the bank 2. Refinance their mortgage 3. Obtain a line of credit to combine their payments into one But what happ...

07/22/2020

Many provinces are entering “Phase 3” of reopening their economies. We will explore the financial and emotional impacts of the lock down on you and your family.

07/07/2020

Debt Relief Options for Financial Distress There is nothing worse than the anxiety and stress that comes from financial insecurity. Many people feel that they are in a no-win situation with no solutions in sight. While bankruptcy offers a certain amount of relief, many people are rightly concerned a...

06/19/2020

Bankruptcy Trustee or Bankruptcy Lawyer? A common misconception is that in order to declare bankruptcy or file a proposal to your creditors, you need to retain a bankruptcy lawyer. This is generally the case in the United States, but not in Canada. In Canada, Licensed Insolvency Trustees (LITs, form...

05/08/2020

Since the pandemic was declared hundreds of thousands have lost their jobs and find themselves unable to make rent, mortgage, or credit card payments.

02/11/2020

This time of year can be tough on our pocketbook and finances, leaving us overwhelmed, juggling, and looking for help to figure out how to get some debt relief.

07/22/2019

While most of us typically carry some amount of debt, how do you know when you need professional financial advice? Read on...

July 22, 2019 0 Too Much Debt? By Doug Thode | Blog Do you have too much debt? Not sure what your options are? If you are wondering if you have too much debt or are feeling anxious about it, you likely do, and you are not alone. Statistics Canada reports that there is $1.79 in debt for every dollar....

07/12/2019

Read our latest blog for tips on how to teach your children about finances from an early age.

Financial responsibility isn’t a skill that’s taught in school and learning by hard knocks when your child is out on their own...

06/11/2019

Have you ever wondered where your paycheque went? Maybe it's time to track your purchases and set a budget.

Truly gaining control of your financial well-being means having a clear view as to where each and every hard-earned dollar is going.

04/24/2019

Are you looking to reduce your debt or declare bankruptcy? Read why you should consult a Licensed Insolvency Trustee first.

Reducing debt with the help of a Licensed Insolvency Trustee