What You Need to Know Before Consolidating Debt

Jun 10, 2019
First off – what do we mean by ‘debt consolidation’? Debt consolidation is a term that you hear a lot, and it typically means that you combine all of your debt into a single monthly payment, rather than paying each of your debts separately each month....Read more

Can you Keep your House if you File Bankruptcy?

Sep 10, 2018
Many homeowners struggling with their debts worry what will happen to their house if they claim bankruptcy. The good news is that filing a bankruptcy does not mean that you will automatically lose your home. Let’s review some of the key facts about...Read more

What Debts will a Consumer Proposal Settle?

Aug 13, 2018
Many people don’t know that they can consolidate almost all their debts in a Consumer Proposal. Unlike traditional or non-profit credit counselling programs, Consumer Proposals can even be used to deal with debt owing to Canada Revenue Agency (CRA),...Read more

Dealing with Business Debts in BC

Jul 16, 2018
Whether you are a sole proprietor or running a corporation, being self-employed can be financially demanding. As Licensed Insolvency Trustees, Sands & Associates are debt management professionals that can help when your business is in financial...Read more

How Does Debt Management Affect Credit Ratings?

May 14, 2018
Award-winning Licensed Insolvency Trustees Sands & Associates answer commonly-asked questions about debt help in BC. Q:  How does debt management affect credit ratings? A:  There are several possible debt management options available to consumers,...Read more

Bankruptcy When Married

May 7, 2018
Debt and financial difficulties often play a leading role in relationships breaking down, and most people are unsure of how a spouse filing for personal bankruptcy may impact them. Sands & Associates are Licensed Insolvency Trustees in BC and we...Read more

3 Types of Debt Consolidation in Canada

Mar 5, 2018
Many people find it’s difficult to pay off debt when they are juggling multiple creditors and debt payments monthly, each with their own set of fees and interest charges.  If debt consolidation is a debt management tool you are considering, you may be...Read more

How to Pay Off Student Loans in BC

Feb 26, 2018
Does it feel like you’ll never be free from student loans?  There IS hope! As Licensed Insolvency Trustees in BC, we meet with people every day who are struggling to pay off student debt.  Some are unable to find work in their chosen field, others...Read more

Consumer Proposals: 4 Common Myths Debunked

Jul 31, 2017
Although Consumer Proposals have been a debt solution available in British Columbia for some time, it is often a new term for people who are evaluating their options to get out of debt.  The federal government empowers one type of designated professional to...Read more

Legislated Debt Solutions for Canadians

Jul 24, 2017
If you’re a Canadian struggling with unmanageable debt there are many avenues to consider.  But did you know that there are only two options that are federally legislated to protect you from your creditors while you resolve your financial...Read more

Debt Settlement VS. Consumer Proposal

May 8, 2017
Debt settlement is a term that’s been heard more and more the past few years by consumers.  With debt settlement agents advertising heavily it’s no surprise.  As Licensed Insolvency Trustees we’re often asked “what is the difference between debt...Read more

How Much Debt will a Consumer Proposal Eliminate?

Aug 22, 2016
Although filing a Consumer Proposal is a debt management option that has been around for some time, it’s only in recent years that more Canadians have become aware of this powerful alternative to bankruptcy.  A Consumer Proposal allows you to make a legal...Read more