Information About Derek L. Associates, Ltd. Blog

Do you feel like your finances are starting to slip — or that debt is slowly taking over? Financial trouble rarely happens all at once. More often, it builds quietly, with small warning signs that are easy to ignore until they become impossible to manage. Below are some common indicators that you … Read more »

The continuing upwards pressure on the cost of living in BC has caused the most grief to seniors on fixed pension income or if your income is modest. Inflation has pushed the cost of groceries and rent higher and higher to the point where people are missing meals or living in poor or dangerous livin … Read more »

A quick internet search for debt management strategies can turn up a flood of ads, plans, and urgent advice. Two of the most common options? Debt consolidation and personal Bankruptcy. That raises the question: which solution is truly best for you? Debt Consolidation Loans A debt consolidation loan … Read more »

Food is about to get more expensive. The latest in Canada’s Food Price Report states that overall food prices will increase by 2.5% to 4.5%. That translates to a family of four spending $701.79 more than the previous year—for the same quantity of food. Happily, the report also predicts a price d … Read more »

As a Licensed Insolvency Trustee office, we have the privilege of guiding people through their financial challenges and helping them find the best path forward. During a no-cost initial meeting, we often hear the question: “Won’t my insurance cover that?” And it’s a fair question to ask. With so … Read more »