Debt Help in Edmonton with A.C. Waring & Associates

Information is your greatest asset in becoming debt-free. On these blog pages, you will find general information to help you understand unfamiliar terms and learn more about the options that may be available to you. You should schedule a personal consultation with an A.C. Waring & Associates trustee or counsellor for information regarding your specific circumstances. We hope you find the following pages helpful and reassuring. Know that however desperate you may feel with the pressure of mounting debts, we are ready to help you regain your financial footing.

Filing for Bankruptcy in Edmonton


Saturday, September 3rd, 2016 A.C. Waring

When facing financial hardship, one solution to becoming debt free may be filing for bankruptcy. Debt help or debt relief in Edmonton is available by seeking a Licensed Insolvency Trustee (LIT). If your financial situation cannot be remedied by other solutions considered by the trustee then bankruptcy may be your best option.

Student Loan Debt


Monday, May 16th, 2016 A.C. Waring

Student loans have steadily risen across most of the country, even as the middle class has been steady for the past two decades. For the current school year, average university tuition costs in Canada are almost $6,200 for undergrads and just over $6,400 for graduates. Alberta has just begun to follow Newfoundland and Labrador’s lead…

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What is a Licensed Insolvency Trustee?


Wednesday, February 24th, 2016 A.C. Waring

A new title, Licensed Insolvency Trustee (LIT), replaces the Trustee in Bankruptcy title in the context of consumer insolvency in Canada. For corporations and corporate bankruptcy, the existing name, Trustee in Bankruptcy, will continue to be used. This change results from a new Directive on Trustee Designation and Advertising, released on December 2, 2015 by…

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Avoiding Debt Overload When Starting a Business in Alberta


Thursday, February 11th, 2016 A.C. Waring

Starting a new business is both exciting and challenging, especially in the first year. If it works reasonably well and generates some profit, then business ownership can be rewarding, but if it doesn’t go as planned, you may have some regrets. Thirty percent of new businesses fail in the first two years and only fifty…

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Bankruptcy vs. Consumer Proposal: What’s the difference?


Monday, December 21st, 2015 A.C. Waring

Claiming personal bankruptcy or filing a consumer proposal are two of the most common debt relief solutions, not only in Edmonton, but nationwide. Both procedures help you deal with your debts and creditors, but there are some significant differences. At A.C. Waring & Associates Inc., we want you to know exactly what they are and…

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