What You Should Know About Collection Agencies

Collection agencies are third parties that are hired by creditors to retrieve debt that is owed to them. There are several things you should know about these agencies and your rights. Being well informed is the first step to dealing with your debt in a responsible way.

We’ve put together an entire page on our website, dedicated to bringing you the knowledge needed to handle these collection agencies and what you should know moving forward with them.

Check out this information on our Collection Agencies Page.

Change your routine and SAVE DOLLARS

We look briefly at three of many ways to reduce your costs and save…

We all know that eating out is costly, but lots of us still do not make our lunch and take it to work. Buying lunch at work and eating out frequently at night, including drinks, can add up to hundreds of dollars per month. So change your routine. Make enough lunches for the week on the weekend and drink more water at meals and you will save lots of money.

Coupons – Although couponing is not as active in Canada as it is in the U.S.A., you can still save between 10% and 30% or thousands of dollars a year for a family. How often have we experienced free savings being sent to our door and we fail to take advantage of them. For example, a fast food coupon dropped off we might tend to throw out, convincing ourselves it is not healthy or we won’t use it. Yet, we find ourselves there in the next week or two and without the coupon to use. Take advantage of them by reviewing the flyers dropped off at your door. Sign up for coupons directly from manufacturers. Create meal plans based on coupons available. There are websites devoted to couponing which can point you to further sources (eg. GroceryAlerts.ca; Flyerland.ca; Save.ca).

Look for the cheapest gas even if you have to go a little out of your way to get it (if the extra distance makes sense). Carpooling can save you hundreds of dollars a year by sharing the drive to work with someone else.

Welcome to Our New Web Site

We have completely re-designed our website to highlight our personal and corporate restructuring practice. We hope it is informative for you and answers some of your questions.  Please contact us by phone or email for a FREE discussion of your personal situation on a confidential basis.  We will be frequently adding news items to this Blog and new features to the website.  As always, we welcome your reaction and suggestions for improving the website.