This couple, profiled in The Globe and Mail, filed for bankruptcy and has been able to rebuild and recover. Read on to see how they are doing and what advice they are given going forward.
Continue readingNTV News interview where Sean Stack discusses a number of recent reports that indicate a slowing economy in Newfoundland and Labrador and that households in NL are starting to feel the effects.
Continue readingVOCM article after I was chatting with Pete on VOCM Backtalk.
Continue readingWith a more than 15% increase in NL of people filing bankruptcies and proposals to creditors, and more than 26% increase on the Avalon Peninsula, it is clear that more and more Newfoundlanders and Labradorians are finding themselves in financial difficulty.
Continue readingThere are more questions than answers at this point as pensioners in Wabush try to determine what the future holds as Cliffs Natural Resources’ restructures under creditor protection.
Continue readingThe Yahoo Finance article below does a great job of pointing out some biggest budget busters that we think we can’t live without but that were not part of every day life even a generation ago.
Continue readingCBC article addressing the increasing rates of bankruptcy among seniors in Canada highlights the importance of trying to avoid carrying debts into your retirement years.
Continue readingCarol Wabush Co-op closing, more layoffs in Lab West as a result. Co-op Group initiates proceedings under the Companies’ Creditors Arrangement Act (CCAA) with KPMG appointed as Monitor.
Continue readingArticle from The Huffington Post comparing consumer proposals and bankruptcies.
Continue readingStressed by debt? You may not realize it but it is probably affecting your health.
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