Financial information and news from Paul J. Pickering and Associates


Get Out of Credit Card Debt in 3 Easy Steps

September 8th, 2021

Dealing with credit card debt is something many people face for a range of

reasons.   It may be that household expenses exceed income, maybe you are trying to run a business and struggling to maintain positive cash flow,  or there could be an emergency that requires the cardholder to make a large purchase or payment for something essential.

3 Signs You May Need Credit Counselling

September 7th, 2021

As much as it may be hard for some people to accept, not everyone is able to work themselves out of a bad financial situation. Sometimes old decisions or financial mistakes cause long-standing issues and costs.  While people can often feel embarrassed and sensitive about this situation, we understand that everyone’s situation is unique and we’re happy to help you find a solution to your financial troubles.

Our Guide to Credit Counselling

September 7th, 2021

Credit counselling is an excellent way for borrowers and debtors to understand their financial difficulties in more detail and discover opportunities to stop collections, reduce interest, save money and become debt-free. These services are offered by both for-profit and non-profit services, making them accessible to people of various income levels.

3 Ways For Debt Consolidation Even with Bad Credit

September 7th, 2021

Imagine the following scenario…

You are having financial difficulty and you try to take out a loan, but due to your bad credit, you are unable to be approved for loan. Instead, the financial representative suggests you consolidate your debt instead, but then they determine that you don’t qualify for that either because you have some missed payments and they don’t want to take the risk.

Factors Credit Bureaus Consider When Calculating Your Credit Score

August 18th, 2021

Most people are aware that their credit score plays a big role on their life and finances. Unresolved financial issues leading to a bad score virtually guarantees challenges when it comes to whether or not you are approved for loans, the interest rate you pay on those loans and even whether you can get insurance, jobs and more.

Bankruptcy or Credit Counselling: What’s Your Best Option

August 2nd, 2021

Financial hurdles and hardships are something many people, and really anyone for that matter,  can find themselves dealing with in their lives. Unless you are fortunate enough to be independently wealthy, have the benefit of generational wealth or have large assets, debt issues and financial constraints can impact anyone, especially given the current economic difficulties during the COVID-19 pandemic.

A Guide To Filing a Consumer Proposal or Bankruptcy

August 2nd, 2021

With the ongoing COVID-19 pandemic evolving rapidly and impacting most business owners across all industries, it’s clear that this is one of the most challenging times that any decision-maker has ever faced.

From drops in product demand to supply constraints, the list of difficulties that companies are facing as a result of the pandemic continues to grow at an endless pace.

An Explainer on Having the Ability to Avoid Debt Fatigue

July 7th, 2021

Each time we help our clients get through their financial troubles to the point where they have achieved debt freedom, each and every one of them expresses the same feelings; relief from stress… , gratitude and hope. 


They express their gratitude for the weight lifted off of their shoulders, being able to breathe freely and sleep, stress-free in years.