As the saying goes, the only sure things in life are death and taxes. And, unfortunately, the former won’t allow you to escape the latter. If you’re self-employed, for example, and die still owing outstanding installment payments, the Canada Revenue Agency will come to collect from your estate if your family doesn’t take care of it first. But what happens to your other debts, like your mortgage and credit cards, when you die? Here’s an overview.
When it comes to borrowing money this isn’t normal. In fact, its as from normal as you can get. Interest rates are just above historic lows. Never in our lives has money been this cheap to borrow. As individuals there are some lessons we can learn from Greece.
How do you decide if you need to speak with someone about debt consolidation? Ask yourself these three questions.