Out Of Debt British Columbia

D. Thode & Associates Inc. are dedicated to helping those in financial distress make sound financial decisions that affect the rest of their lives.

Spring Cleaning your Finances

Spring Cleaning your Finances

As the weather improves, so does our motivation to spring clean our homes and gardens. But what about your finances?

Filing a Consumer Proposal in B.C.

Filing a Consumer Proposal in B.C.

When facing financial difficulties and considering the available options, one of the most popular choices is filing a consumer proposal.

Is your family making sacrifices to pay debts?

Is your family making sacrifices to pay debts?

Canadians have been taught that when you incur debt you must pay it back, with interest, at all costs, even to the detriment of your family’s well-being.

Who is a Typical Debtor?

Who is a Typical Debtor?

A typical debtor is a person who is unable to repay their creditors in a timely fashion.

What to know about Credit Counselling in British Columbia

What to know about Credit Counselling in British Columbia

Many British Columbians are facing financial struggles due to increased living costs and reductions in their income, while trying to stay on top of their debts.

Frequently Asked Questions on Consumer Proposals

Frequently Asked Questions on Consumer Proposals

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.

Is holiday spending stressing you out?

Is holiday spending stressing you out?

The holiday season is one of joy and happiness most of the time, but it’s also a very expensive occasion.

Does bankruptcy affect my employment prospects?

Does bankruptcy affect my employment prospects?

A common question people have is whether or not filing for bankruptcy will affect their ability to get a job.

Financial Responsibility is Not taught in School

Financial Responsibility is Not taught in School

So, let’s have a conversation with our kids about it. Most families establish a budget to live on and it’s important to live within it.

How a Consumer Proposal leads to a less stressed life

How a Consumer Proposal leads to a less stressed life

A Consumer Proposal is a formal arrangement that is negotiated between an individual (the debtor) and their creditors, to settle outstanding debt obligations.

How to Save Money - In the Kitchen

How to Save Money - In the Kitchen

Anyone who has struggled with debt knows that it’s hard to pay off your creditors without finding money in the budget to make those payments.

What is the True Cost of Bankruptcy?

What is the True Cost of Bankruptcy?

One of the most frequent questions we are asked is “What are your Fees?” The Trustee’s fees are just a small part of what bankruptcy could cost.

When Does a Bankruptcy Clear from Credit Report?

When Does a Bankruptcy Clear from Credit Report?

The team at D. Thode and Associates Inc., are here to answer your questions about credit reports, consumer proposals, and bankruptcy.

Consumer Proposal and Tax Debt

Consumer Proposal and Tax Debt

There are many people who don’t realize that tax debts can be dealt with through the filing of a consumer proposal or a bankruptcy.

Which is better for me - Credit Counselling or Consumer Proposal?

Which is better for me - Credit Counselling or Consumer Proposal?

If you're facing financial challenges unable to pay your debts monthly or are only able to service your monthly payments we discuss these two options.

5 tips to help manage your finances during these unprecedented times

5 tips to help manage your finances during these unprecedented times

Canadians are in uncharted territory when it comes to handling their personal finances during this lengthy pandemic.

The Profile of Bankruptcy Debtor Characteristics

The Profile of Bankruptcy Debtor Characteristics

Bankruptcy can happen to anyone at any age when your world is challenged financially, as they have been the last several months with the Pandemic.

Does my spouse own half my tax debt if I file for a consumer proposal?

Does my spouse own half my tax debt if I file for a consumer proposal?

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

Which is Better Consumer Proposals or Debt Consolidation?

Which is Better Consumer Proposals or Debt Consolidation?

A common question is the difference between debt consolidation and a consumer proposal. What are the benefits of each? When you should choose?

Impacts of the COVID-19 Lock Down

Impacts of the COVID-19 Lock Down

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.

Covid-19 and the Timing of Bankruptcy

Covid-19 and the Timing of Bankruptcy

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

Tips to Reset your Finances for the New Year

Tips to Reset your Finances for the New Year

A New Year is the perfect opportunity to reassess your financial situation and see if there are any adjustments to be made.

Sometimes we can use a Helping Hand with our Financial Situation

Sometimes we can use a Helping Hand with our Financial Situation

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.

Literacy Month Wrap up on Borrowing Money Wisely

Literacy Month Wrap up on Borrowing Money Wisely

This week we discuss how to borrow money wisely having knowledge of what the cost of the borrowing is and whether or not it is for a good reason.

Literacy Month continues with Be a S.M.A.R.T. Financial Consumer

Literacy Month continues with Be a S.M.A.R.T. Financial Consumer

The more you know and understand your financial rights and responsibilities, the easier it is to avoid costly surprises and reach your financial goals.

Literacy Month Continues with Financial Goals

Literacy Month Continues with Financial Goals

Whether your aim is to pay off your credit card debt, save for retirement, or work on another money goal, learning how to set financial goals is important.

November is Financial Literacy Month

November is Financial Literacy Month

Each week we will have a new topic for Financial LIteracy Month, and this week it is about Starting a Budget which can sometimes feel overwhelming.

Debt Relief Options for Financial Distress

Debt Relief Options for Financial Distress

Debt relief could involve wiping the debt out altogether in bankruptcy; getting changes in your interest rate or payment schedule to lower your payments.

Top 10 signs of Financial Insecurity

Top 10 signs of Financial Insecurity

Many Canadian carry some debt while doing their best to pay their bills on time and wish there was a little more cash in the bank at the end of the month.

4 Things to Remember When Considering Debt Solutions

4 Things to Remember When Considering Debt Solutions

If you are struggling with overwhelming debt, your path to financial freedom starts with a FREE consultation with D. Thode & Associates.

Over 50% of Canadians live paycheque to paycheque

Over 50% of Canadians live paycheque to paycheque

More than half of Canadians live paycheque to paycheque and more than a third have no retirement savings.

Consumer Proposal can help you realize your Financial Goals

Consumer Proposal can help you realize your Financial Goals

When you have high interest loans, credit cards or lines of credit you may find that you have little or nothing left after making your minimum monthly payments.

Saving for the Holiday Season. Is it too early?

Saving for the Holiday Season. Is it too early?

It’s never too early to start saving. With that in mind, here are some tips and strategies to help you build your holiday shopping nest egg.

Can you get a Mortgage when you have Debt?

Can you get a Mortgage when you have Debt?

Owning a home is the number one financial goal for many Canadians and many Canadians have a large amount of debt.

Why you should consult a Licensed Insolvency Trustee

Why you should consult a Licensed Insolvency Trustee

LITs are the only professionals able to administer the options legislated by the Bankruptcy and Insolvency Act which include Bankruptcy and Consumer Proposals.

Should you Consolidate your Debt?

Should you Consolidate your Debt?

When people find themselves juggling monthly payments to various credit cards, loans and lines of credit, the first thing that comes to mind is consolidation.

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