D. Thode & Associates Inc. Blog

Get answers to questions on Bankruptcy,
Consumer Poposals and Debt Solutions

Apr 24

Bank Fees in Canada and How They Impact Your Wallet

Canadians pay too much in bank fees every year, compared to other countries, according to a recent report . Understanding bank fees has...

Mar 21

Navigating Debt Repayment: A Priority for Canadians in 2024

In 2023, according to a poll by CIBC, 18% of respondents said they would prioritize paying off their debts over other financial goals,...

Jun 21, 2023

The Importance of Opening a New Bank Account Before Declaring Bankruptcy or Filing a Consumer Proposal

Bankruptcy and/or a Consumer Proposal is a challenging and often overwhelming financial situation. It involves a complex legal process...

Dec 22, 2022

We Have Options for Too Much Debt

You are not alone if you are feeling anxious about your growing debt. Having too much debt can lead to other challenges. Struggling to...

Dec 16, 2022

Financial Strategies for a New Year

A new year is a good time to review our financial strategies. We want to take some time to check our current budget and make any...

Dec 6, 2022

Holiday Debt Management to Reduce Stress

Holiday festivities are a joyful time for most as we gather with friends and family. Still, it can also be stressful, especially when...

May 24, 2022

What is a Licensed Insolvency Trustee?

Licensed Insolvency Trustees or LITs are government-regulated professionals authorized to administer federally regulated debt relief...

Apr 5, 2022

Filing a Consumer Proposal in B.C.

When facing financial difficulties and considering the available options, one of the most popular choices is filing a consumer proposal....

Mar 22, 2022

How Much Money do you Really Have Left for Debt Payments?

Generally, Canadians have been taught that when you incur debt you must pay it back, with interest, at all costs, even to the detriment...

Mar 4, 2022

Who is a Typical Debtor?

A typical debtor is a person who is unable to repay their creditors in a timely fashion. Debtors frequently seek out the services of a...

Jan 28, 2022

What is Credit Counselling?

Many British Columbians are facing financial struggles due to increased living costs and reductions in their income while trying to stay...

Jan 7, 2021

The Profile of Bankruptcy Debtor Characteristics

Bankruptcy can happen to anyone at any age when the world is challenged financially, as they have been the last several months with the...