Debt Solutions

By: Jasmin Calyniuk Licensed Insolvency Trustee, BDO Canada Limited

Jasmin is a Senior Vice President with BDO and works out of the Saskatoon office. Jasmin received a Bachelor of Arts in Spanish, a Bachelor of Commerce in Accounting and a Masters of Professional Accounting from the University of Saskatchewan. 

She is a Chartered Professional Accountant, a Licensed Insolvency Trustee and a Chartered Insolvency and Restructuring Professional

BDO First Call Debt Solutions 147-15th  Street East Prince Albert S6V 1G1  
Phone: (306) 765-3328 or 1-855-220-1705     
https://debtsolutions-princealbert.ca/

 

Four Financial Topics To Discuss With Your Partner

February 20, 2018 - 11:48am

Do you and your partner avoid talking about finances and debt?

If so, you may not be alone.

The results of our recent Debt Confessions poll show that 36 per cent of Canadians in a relationship rarely or never talk about money. It’s very important for couples to talk about money early in the relationship to avoid potential surprises down the road. If you and your partner are at the point in the relationship where you should be having this conversation, here are 4 important financial tips I recommend:

Making This Your Year of Change with SMART Goals

February 6, 2018 - 9:18am

If one of your priorities in 2018 is getting your debt and finances under control, it helps to set a goal.

The advantage of getting started now is that you have an entire year ahead of you to reach your goal. A very popular goal setting approach is creating a SMART plan (Specific, Measurable, Achievable, Realistic, Timely). Here’s how you create a SMART goal:

* Specific: What you are looking to accomplish? For example, you may want to pay back one of your student loans, reduce your credit card debt with the highest interest rate, or start an emergency fund.

4 Ways to Tackle Your Holiday Debt Now

January 16, 2018 - 12:58pm Updated: January 18, 2018 - 7:45am

It’s a new year, a time to set new goals and yes, tackle those holiday debts. You may have panicked a little when you received your January credit card statements, but don’t worry.  Dealing with your holiday debts right away, instead of dragging it out, means you’ll be free of those debts sooner and able to tackle your other financial goals in 2018.

Here is my advice on how you can tackle your debt this January:

Debt Settlement Offers – The Options and the Pitfalls

December 15, 2017 - 12:54pm

The high consumer debt over the last few years has spawned a new industry of debt settlement companies.  Recently, you may have seen on the television or on the internet advertising from various companies offering to settle your debts for pennies on the dollar. They make it sound like an excellent solution to solving your debt problems. As with any agreement you are considering you need to read the fine print before you sign.

Avoiding Holiday Debt Hangover

November 24, 2017 - 12:48pm

“It’s more blessed to give than to receive,” runs the old saying. Unfortunately, for some people this is the time of year when their gift to themselves is a serious debt load from all the generosity and festivities. The result can be a budget hangover in January, when all the credit card bills come due.  To avoid accumulating tons of debt over the holidays below are a few suggestions to consider.

Knowing all your options can help you pay off debt

October 26, 2017 - 10:55am

At BDO First Call Debt Solutions, we understand that debt can happen to anyone.

It’s often after an unexpected event: a job loss or medical emergency, that people dip into their credit cards or line of credit to cover extra costs or to make up for a loss of earnings. But debt doesn’t have to be an emergency; by learning about all your available options, you can find the debt relief solution that’s right for you.