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Doug and his team have expertise in reviewing a situation and coming up with a solution.

Doug and his team have expertise in reviewing a situation and coming up with a solution.

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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?

Prevent Bankruptcy Plan for Unforeseen Events

Prevent Bankruptcy Plan for Unforeseen Events

Unexpected bills or sudden unemployment can force almost anyone into an uncomfortable financial situation.

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.

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.

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.

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.

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.

Tips to Tighten your Budget without really feeling it

Tips to Tighten your Budget without really feeling it

Most people don’t think about all the small monthly bills in their life, but they add up! Spending time reviewing your bills could easily save hundreds a year!

How much is too much?  Debt, that is.

How much is too much? Debt, that is.

From a financial institution’s point of view, if your housing costs, debt servicing and taxes exceed 42% of your gross earnings, you have too much debt.

Budgeting in a Digital World – No more envelopes!

Budgeting in a Digital World – No more envelopes!

Some people find that setting a budget, and then putting aside money in separate expense envelopes is a great way to control spending.

Five Fun Things to do in Kelowna on a Budget

Five Fun Things to do in Kelowna on a Budget

Even on a budget you can escape from the hustle and bustle and enjoy some of these wonderful places in and around Kelowna.

5 Ways to Save on Back to School

5 Ways to Save on Back to School

It sure feels like school just ended so you may be wondering why we are already thinking about back to school.

Dealing with the CRA can be nerve wracking

Dealing with the CRA can be nerve wracking

The only things we can truly count on are death and taxes. A Licensed Insolvency Trustee can help you to come up with the best plan for your tax debt.

Pay Day Loans are Rarely a Good Idea

Pay Day Loans are Rarely a Good Idea

At one time or another, most people have found themselves a little short on cash before payday rolls around but are Pay Day Loans the answer?

I am STRESSED about money!!

I am STRESSED about money!!

You are not alone. However, there are things you can do to reduce that stress.

What is the Difference Between Bankruptcy Lawyers and Trustees?

What is the Difference Between Bankruptcy Lawyers and Trustees?

If you are filing for bankruptcy this article will help clarify the difference between a Bankruptcy Lawyer and a Licensed Trustee.

4 Key Steps to Help Track Your Spending

4 Key Steps to Help Track Your Spending

Money management can be a challenge for many people. It makes sense that you need to spend less than you bring in on a monthly basis.

Is It Possible to File for Bankruptcy More Than Once?

Is It Possible to File for Bankruptcy More Than Once?

The idea of filing for bankruptcy is to get a fresh start and put your financial difficulties behind you to regain financial stability for the future.

Top five Summer Activities on a Budget

Top five Summer Activities on a Budget

Summer activities can be available for everyone no matter what the budget is. Getting outdoors with friends and family are the most important.

Can Bankruptcy or Proposal help with Income Tax Debts?

Can Bankruptcy or Proposal help with Income Tax Debts?

It’s that time of year again when most of us are receiving our income tax assessments and some of you may not be prepared for the bill.

Can I really reduce my Debt by 80%?

Can I really reduce my Debt by 80%?

The short answer is, probably. There are only 2 legal alternatives for reducing your debt in Canada.

What happens if I win the lottery while under Bankruptcy?

What happens if I win the lottery while under Bankruptcy?

Many people assume that winning the lottery or receiving an inheritance would be outside the scope of the bankruptcy proceedings, but this is not the case.

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