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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 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...
Mar 22, 2022
BANKRUPTCY FRAUD: WHAT IT IS AND HOW TO AVOID IT
Most people who file for bankruptcy are honest individuals who have fallen upon hard times through divorce, unemployment, health problems...
Mar 22, 2022
5 COMMON CREDIT CARD MISTAKES
When used responsibly, a credit card can be a fantastic asset. For example, you can earn cashback and rewards with every use....
Feb 7, 2022
HOW FILING FOR PERSONAL BANKRUPTCY CAN AFFECT YOUR BUSINESS
Filing for personal bankruptcy can negatively affect your business, depending on how it’s structured. Before filing, you should be aware...
Feb 2, 2022
TURNING 71: WHAT TO DO WITH YOUR RRSP
At 71, Canadians must close their registered retirement savings plans (RRSPs). How much you have in your RRSP depends on how long you’ve...
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