Is a consumer proposal right for me?

Often the most affordable option with minimal impact on your credit is a consumer proposal. Why? It will stop all collection action and allow you and your creditors to settle on an amount to pay back. You can use our Debt Options Calculator to review your repayment options and estimate monthly payments to repay your debt over a…
Read More

In debt? Know your options.

Everyone trying to get out of debt has the same options to choose from:  Deal with creditors directly Get a consolidation loan Form a debt management plan with a credit counsellor Make a consumer proposal File personal bankruptcy Your best option needs to be both affordable and effective. Use our Debt Options Calculator to determine…
Read More

Watch Out For Scams/Identity Theft

This article is provided by Family Services Perth-Huron, a United Way member agency and an accredited member of both the Ontario and Canadian Associations of Credit Counselling Services.  Watch Out For Scams/Identity Theft By Angie Carter There are so many scams going around these days. Here are some good tips to avoid getting involved in…
Read More

If It Sounds Too Good To Be True…

This article is provided by Family Services Perth-Huron, a United Way member agency and an accredited member of both the Ontario and Canadian Associations of Credit Counselling Services. If It Sounds Too Good To Be True… By Phil Brown Being that March was Fraud Prevention Month it is definitely beneficial to know when something is…
Read More

The Truth About Licensed Trustees In Bankruptcy

Licensed Trustees in Bankruptcy are officers of the court. I have seen and heard a lot of advertisements from various credit counseling firms warning people against dealing with a licensed trustee in bankruptcy. They make the case that they are working for you, the debtor, whereas a licensed trustee in bankruptcy is working for your…
Read More

Fraudulent Credit Counsellors

The credit counselling industry is unregulated and as a result there are a lot of fraudulent credit counsellors looking to take advantage of people that are struggling with personal credit problems. The thought of filing personal bankruptcy or making a consumer proposal is scary enough without having a “credit counsellor” warning you against meeting with…
Read More

Opening January 1, 2015 – Our new Hamilton office!

Effective January 1, 2015 Welker & Associates will be opening a new location in Hamilton, Ontario. Although we won’t “officially” be open until January 1, if you would like to book an appointment before then, we will be happy to meet with you.  We will be using space at the Financial Wellness Centre located at 236 Pritchard Road,…
Read More

The Truth About Debt Consultants

Are you one of the many unlucky Canadians who have received phone calls from creditors promising to settle your debts? Or have you been intrigued by the TV and radio advertisements claiming a government program will reduce your debts if you call NOW? These ads and phone calls are from debt consultants (or telemarketers working…
Read More

Understanding Your Credit Report

Many Canadians request a free copy of their credit report through Equifax or Transunion, but once they receive their report, they have a hard time reading it. If you’re not used to reading credit reports, they can definitely be difficult to understand. Here are some points to remember when reading your credit report: Included Information…
Read More