top of page
LET US HELP YOU FIND A NEW BEGINNING™
MAKE A COMMITMENT TO YOURSELF.
Declare that everything is under control
and that tomorrow really is a new beginningâ„¢.
READ OUR DEBT HELP, MANAGEMENT & ADVICE BLOG
D. & A. MacLeod Company Ltd.’s blog is your resource for understanding the finer points of debt management as well as for financial tips and tricks in Ottawa and across Eastern Ontario. If you have any questions, please don’t hesitate to contact us.
Apr 18, 2023
How Much Debt Is "Normal"?
Having a certain amount of debt is normal. In fact, most Canadians are in debt to some extent, through credit cards, mortgages, student...
Apr 18, 2023
What Happens When Your Parents Declare Bankruptcy?
More older Canadians than ever are struggling financially. Mortgage payments, medical costs and mounting credit card debt can be...
Apr 17, 2023
Corporate Restructuring vs. Bankruptcy: What You Need to Know for Your Struggling Business
Do you own a business? Are you struggling financially and unsure how to get back on track? Instead of filing for bankruptcy, corporate...
Apr 17, 2023
Understanding Credit Status for ODSP Clients: A Guide to Credit Cards and Debt
If you’re on the Ontario Disability Support Program (ODSP), you may be wondering how it affects your credit status. Whether you’re a...
Apr 3, 2023
Does The CRA Forgive Tax Debt?
Overcoming tax debt is challenging. The Canada Revenue Agency (CRA) offers no debt forgiveness and can garnish your wages, withhold...
Mar 14, 2023
What Happens If My Consumer Proposal Is Annulled?
Have you filed a consumer proposal to help you manage mounting debt? As inflation surges, keeping up with payments can be difficult. If...
Feb 28, 2023
Does Owing Taxes to The CRA Affect Your Credit Score?
Owing money to the Canada Revenue Agency (CRA) differs from other financial obligations, like credit card debt or bank loans. However,...
Feb 28, 2023
What’s The Best Way to Fix My Credit Score?
If you have a bad credit score, you’ll pay higher interest rates and have difficulty getting loans, renting an apartment or buying a...
Feb 6, 2023
How to File a Consumer Proposal Without Leaving Your House
Filing a consumer proposal to get out of debt is easier than ever, thanks to the team of licensed insolvency trustees at D. & A. MacLeod...
Feb 6, 2023
Is My Business Liable for My Personal Debt?
Are you an entrepreneur or small business owner dealing with personal debt concerns? Even at the top of your professional game,...
Nov 14, 2022
WHAT DO RISING INTEREST RATES MEAN IF YOU'RE ALREADY IN DEBT?
Like most Canadians, you’ve probably incurred debt at some point in your life to cover a major expense. Did you know the Bank of Canada’s...
Nov 14, 2022
HOW DO YOU QUALIFY FOR A CONSUMER PROPOSAL?
Are you struggling to pay the bills on your debt? Filing a consumer proposal might be the best way to improve your finances, avoid...
Sep 22, 2022
GST/HST CREDIT RATE HIKE TO HELP FAMILIES FROM SINKING INTO DEBT
If you’re struggling with credit card debt, car payments and a rising cost of living, the latest GST/HST Credit hike unveiled by the...
Jul 17, 2022
HOW CANADA’S NEW AFFORDABILITY PLAN FIGHTS INFLATION AND HELPS THOSE STRUGGLING FINANCIALLY OR IN DE
In response to soaring inflation, the federal government is trying to help ease many Canadians’ financial burdens. In June 2022, Ottawa...
Jun 19, 2022
STAY OUT OF DEBT BY AVOIDING THESE TOP 8 MONEY TRAPS
According to Credit Canada, the average consumer debt for a two-person household in this country is more than $41,000, excluding...
Jun 13, 2022
DECLARING BANKRUPTCY WHEN FILING FOR DIVORCE IN ONTARIO
Divorce comes with financial challenges. Legal fees, housing, and alimony can quickly become a mountain of debt. One in five personal...
May 5, 2022
CONSUMER PROPOSAL TIMELINE: WHAT TO EXPECT
A consumer proposal is a method of getting out of large amounts of debt while avoiding personal bankruptcy and protecting your assets....
Apr 28, 2022
The Threat Of Business Bankruptcy In 2022 And What You Can Do
Business bankruptcy numbers are increasing in Canada at an alarming rate, and the situation may soon worsen. Small and medium-sized...
Apr 17, 2022
HOW TO FIND THE RIGHT DEBT PROFESSIONAL FOR YOU
If you’re in debt and contemplating bankruptcy, you may be desperate to seek assistance from the first person who offers to help....
Apr 13, 2022
5 WAYS TO FINANCE A HOME RENOVATION
Renovating your home is an exciting prospect. However, it comes with a fair share of stressors, one of the biggest being the question of...
bottom of page