Blog Archives

Hunkering Down and Staying Private

If you’re in debt, and you know you are writing off some of it, it will affect your life somewhat. Besides the impact on your credit score, etc. as mentioned elsewhere, it can affect your privacy. That’s what this post

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Posted in Debt Basics, Leave Me Alone, Strategies

Ontario Debt Statute of Limitations

In Ontario, there is a statute of limitations on unsecured debt. That basically just means that they can only sue you for your debt for two years after your last payment. There are some misunderstanding on this, though, so let’s

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Posted in Debt Basics

Saving the House

So, as you can see in some of the other articles here, there are things you can do to avoid paying unsecured debts, however the secured ones — such as a house and a car — are a bit of

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Posted in Debt Basics

Debt Terms – Secured vs Unsecured – WTF?

Got debts?   Well, you came to the right place… That’s what I’m hear to talk about. Specifically, I’m talking about Canadian debts, esp. unsecured debts, which I’ll explain in a minute, but first… *** Before you act on any

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Posted in Debt Basics

Collectors use Guilt as a Weapon

Guilt is your enemy.   Guilt is what all collection people use to make you pay. They try to shame you. They call up relatives, pretending to be looking for you, when what they’re really doing is hoping to embarrass

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Posted in Strategies

Avoiding the Calls

For a few months, when you’re waiting for a Collection Agency to take over the debt from the original lender, you’re going to have to duck some phone calls. Of course, this is only if you’re gambling that you’re not

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Posted in Leave Me Alone