128 - When Should You Seek Debt Relief

DebtMatters Podcast

English - November 29, 2023 14:00 - 18 minutes - 16.5 MB
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Previous Episode: 127 - More Canadians Are Living Paycheque-To-Paycheque

Next Episode: 129 - How to Build a Holiday Budget to Avoid Credit Card Debt

Debt is a normal part of life for most people. Recent data from StatsCan shows that only 30.2% Canadians live debt free. But how much debt is too much and how do you know when it’s time to reach out for help?

These are the questions Licensed Insolvency Trustee, Mark Marshall answers in this timely podcast. Other topics covered are:

Warning signs to watch out forUsing credit for short term pleasure creating long term paymentsAsking your financial institution for a line of creditWhat happens when you file a Consumer Proposal or BankruptcyWhy you should reach out to a Licensed Insolvency TrusteeWhere to find information and resources.

Licensed Insolvency Trustees will give you honest advice about all the options that are available for your unique financial situation. They are federally regulated and licensed by the Canadian government. Get the help you need from an experienced debt expert.

About Mark Marshall

Mark Marshall has been working in the insolvency field for 20 years. He received his Licensed Insolvency Trustee accreditation in 2012 and has also been an active board member with Music NB. He endeavors to give each client he meets advice on all of their available options so they can proceed with the knowledge they need to make an informed decision.

Additional Resources Allan Marshall & Associates Licensed Insolvency Trustee Reduce Your Financial Stress & Experience Debt Relief Which Canadian Debt Relief Program Can Help Me Eliminate My Debt?