Debt Solutions Webinar

Debt has become commonplace in Canada. In fact, Canadians have some of the highest debt

loads in the world. The reasons are complex and extensive however some of it can be chalked

up to the fact that we’re not taught about money as children and so we grow up to be

uninformed adults.

The good news is that for every debt problem, there is a financial solution. It’s just a matter of

looking at your whole financial picture and taking action. The first step is equipping yourself with

information. 

In the Debt Solutions workshop/webinar, you will learn how to:

• Identify 7 top reasons why people get into financial difficulty.
• Describe the impact that financial stress can have on individuals;
• Specify your own reasons for being good with your money;
• Identify some shame that may be associated with having debt and reducing it;
• Outline the true cost of credit if we only make minimum payments on credit cards;
• Identify the 4 types of debt (open, unsecured, secured, and government);
• Determine whether you live in a seize and/or sue province and what the implications of this is for you;
• Recite how the Right of Offset may impact you;
• Name various ways to handle debts on your own
• Identify some key points to a Debt Management Program;
• Name two legal solutions to handling debt (consumer proposal and bankruptcy);
• Describe some key signs that someone needs more help with their debt;
• Illustrate what seeing a credit counsellor involves.

The webinar is 1 hour, interactive and confidential! No personal stories will be shared during

the webinar in order to respect participant confidentiality. We take a “grab and go” approach –

grab an idea or two and go try it. All participants will walk away with ideas, resources and the

full curriculum upon request.