Dealing with the loss of a loved one and facing financial challenges can be incredibly overwhelming and incredibly hard. Here’s a real-life example of how we assisted a BC resident in reducing their debt by 66% through a consumer proposal after the loss of her husband. The Situation We began working with a 59-year-old widowed […]
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How a Consumer Proposal Decreased a BC Resident’s Debt by 73%
Sometimes life can throw you a curveball, shifting you from financial security to feeling overwhelmed by debt. Let’s look at a real-world example of how we helped a local BC resident reduce their debt by 73% using a consumer proposal. The Situation We began working with a 32-year-old single resident of British Columbia who worked […]
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Debt Repayment Calculator
Going through a hard financial challenge can get overwhelming, especially when it comes to large amounts of debt. We believe you can get through any financial challenge with the right planning and support. With over four decades of experience, we are dedicated to supporting individuals and small businesses in making well-informed financial decisions. This article […]
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Understanding Your Credit Score and Credit Report in Canada
Credit scores in Canada are calculated using data from your credit report, and while the exact formulas used by Equifax and TransUnion are proprietary, the factors that influence the score are well documented. Every score is based on five core components that reflect how you borrow, repay, and manage credit over time. The most influential […]
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Tips to Budget While Paying off Debt
At Campbell Saunders, we understand that managing debt can be overwhelming, but we believe that achieving financial freedom is within your reach. Budgeting is a critical tool in this journey, especially for those dealing with debt. In this blog post, we’ll provide practical, real-world tips to help you budget effectively while paying off debt, setting […]
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Understanding Your Relationship with Money: A Guide for Canadians
Money isn’t just a number on a screen or a bill in your wallet, it’s woven into almost every single decision that we make. From how we spend our weekends to how we define security and success, money touches it all. Yet for most Canadians, the relationship we have with money isn’t straightforward. It’s emotional, […]
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Mastering the Art of Budgeting: Your Path to Financial Freedom
In this post we’re diving headfirst into the wonderful world of budgeting – your ticket to taking control of your finances and paving the way to a brighter financial future. Whether you’re aiming to save for a rainy day, pay off debt, or simply live more comfortably within your means, mastering the art of budgeting […]
Read MoreNavigate Your Way to Financial Freedom: 10 Strategies to Break the Chains of Debt
Almost half of Canadians (48% to be exact) have found themselves carrying debt above their mortgage. The debt burden in Canada continues to increase and with the rise in living costs, British Columbia has seen its fair share of rising debt. The important takeaway is you are not alone. Whether you are afraid of bankruptcy […]
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Demystifying Bankruptcy: A Comprehensive Guide to Understand How to File Bankruptcy in Canada
“Bankruptcy” is a word everyone knows, and it carries some stigma with it. In reality, the bankruptcy process in Canada is not complicated for most people, and can even be over in as little as 9 months. While there are other alternatives if you are faced with overwhelming debt, there are situations where bankruptcy is […]
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Tax Returns & Bankruptcy
Navigating Tax Returns and Bankruptcy: What to Expect and How It Impacts You The relationship between filing for bankruptcy and its effects on tax returns is a common concern for many individuals. Understanding the intricacies of tax filing during bankruptcy is crucial to avoid any surprises and plan your financial recovery effectively. First and foremost, […]
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