After filing for bankruptcy, you may wonder how your life will be after the discharge is complete. Life after bankruptcy will most likely be very different for you, and it should be. If you were in financial trouble and needed bankruptcy for relief, you will need to apply the fundamentals you learned through your required credit counselling classes. Here are three ways to do this, and the differences these may mean to the way you live your life.
9 December 2014
When the time comes for your company to replace a worn-out machine, you have the option of buying or leasing a new one. While there are drawbacks of leases, there are many advantages that make leasing a better option in many situations. Here are three ways you can benefit from choosing to lease your equipment rather than purchasing it outright. It Makes Budgeting Easier When you own a machine and it breaks down, you will have to pay for the repairs on the machine.
18 November 2014
There's a common misconception among young people that accounting is all number crunching and nothing else. They believe that accountancy involves filling in spreadsheets and making sure the numbers on either side balance up. Well, this is nothing more than a fairy-tale. In fact, accountancy offers one of the most rewarding career paths available to young graduates, both financially and in terms of job satisfaction. Below are the top four reasons you should consider a career in accountancy:
4 November 2014
For many people, managing debt is complicated, leading to crippling debt with no foreseeable end. Credit counselling provides assistant to those struggling financially. They offer advice and solutions to get out and stay out of debt for life. Examine your Financial Situation The process begins with the credit counselor reviewing your financial situation, so you'll need to make sure you have all the appropriate documentation ready, including: Employment and other sources of income Expenses other than debt like groceries, utilities, etc.
1 October 2014
If you are among the over 10 million people in Canada who rely on a car to get to work each day, you cannot afford to be without a well-running vehicle. However, if your car is at the end of its lifespan, you will probably need to go to websites and apply for a loan in order to buy a new vehicle. When you have less than stellar credit, you might have concerns about getting approved for a car loan.
18 September 2014
For many adults, there is only one word that strikes more fear in their hearts than an IRS audit or their teenager's first date: bankruptcy. If you're drowning in debt and there's no end in sight, you might assume that bankruptcy will ruin your chances of ever owning a home, buying a car or even securing a credit card. However, before you believe everything you're told by your well-meaning friends and coworkers, learn about a few of the most common bankruptcy myths:
18 September 2014