If you and your spouse both had a lot of debt independently and now combined you have so much debt you don't see how you can get control of it, it may be time to find professionals that can help you. You don't want to live the rest of your life not being able to enjoy your life or having any financial freedom because you are bogged down by this debt. [Read More]
Three Financial Professionals You Should Meet With During Your Divorce
Divorces are challenging on many levels, but from a financial standpoint, they can be extremely stressful and even disastrous. To help you navigate the financial portion of your divorce, consider hiring outside help. In addition to your divorce lawyer, you may want to schedule some time to meet with the following three financial professionals: 1. Mediator or Arbitrator Even happily married couples sometimes argue about money, but when you are in the midst of a divorce, those arguments typically become more intense and harder to resolve. [Read More]
2 Methods To Use For Analyzing Your Company's Financial Statements
Looking at the sales reports of your business is one way to determine how well the business is doing, but there are so many other ways to analyze the financial state of a business. If an accounting firm handles all your company's booking, they may give you financial statements each month. With these, you can learn more about your company's financial state if you know the proper steps to take, and here are two ways you can do this. [Read More]
Consumer Proposal vs. Personal Bankruptcy: Which Option Works Best?
Although nearly a quarter of Canadians managed to eliminate their personal debts in 2013, there are still millions out there who are under tremendous pressure to resolve their debt issues. The average Canadian can choose between resolving their debts through a personal bankruptcy or a consumer proposal. Knowing which option is best for your financial situation is a crucial part of getting yourself back on track towards a debt-free future. [Read More]