Caplan Debt Solutions
1151 Portage Avenue R3G 0S9 Winnipeg, MB, Canada

This article paints a sobering picture of the current and potential effects of the Coronavirus on U.S. Corporate bankruptcies. If you're struggling with debt and your business has been negatively effected by COVID-19, please give us a call at 204-500-0188, we're here to help. #bankruptcy #insolvency #creditcounselling #licensedinsolvencytrustee

With the backdrop of COVID-19 and the additional unemployment which it has created, even more Canadians appear to be facing bankruptcy. If you've got concerns about your financial future in the midst of this crisis, please call Caplan Debt Solutions at 204-500-0188 or email [email protected]. In times like these especially, we are here to help. #Covid19 #DebtRelief #Bankruptcy

The following article can help you determine if you are eligible for the Canada Emergency Response Benefit (CERB), which offers people about $2,000 a month for up to 16 weeks. In order to avoid a system overload, applications are being accepted based on your month of birth, depending on the day of the week. (Please refer to the chart in the article for exact details.) It’s comforting to know that Canadians are not being stranded in these difficult financial times.

Heeding a call from Prime Minister Justin Trudeau, five Canadian banks have agreed to reduce interest rates in order to provide relief to customers affected by the Covid-19 pandemic. Based on the following article, it appears that customers who are experiencing financial hardship must request a lower interest rate, as opposed to an automatic reduction being granted to all customers. If you're currently having difficulties paying off your credit cards, please make sure you contact your issuing bank to request a deferment or a lower interest rate on your outstanding balance. If debt has become a more chronic problem for you, please contact Caplan Debt Solutions (204-500-0188 or [email protected]) to discuss further options which may be available to you. #interestrates #debtrelief #creditcards #consumerdebt

TD has just announced that they will begin charging compound interest on overdue credit card bills. What this means is not only will they charge interest on the overdue balances, but they will also charge interest on the outstanding interest. RBC and CIBC have not followed suit with the compound interest charges. This should be a further cautionary note to debtors, beyond the very high interest rates being charged by the banks, that they should be vigilant in paying off th...e full balance of their credit cards every month, or if the outstanding balance is too large to pay in full all at once, start paying it down as aggressively as possible. If you need some assistance in dealing with large outstanding credit card balances or other debts, don’t hesitate to call us at Caplan Debt Solutions (204-500-0188) for your free consultation. #interestrates #debt #credit #debtors #td #creditcard #creditcards #bankruptcy #insolvency #loan #freeconsultation See more

I wanted to let everyone know that effective January 6th, 2020, I opened the doors to a new company and a new chapter in my life. I am very excited to announce the opening of Caplan Debt Solutions. My main office is at 1151 Portage Avenue in Winnipeg. My new contact information is: Email: [email protected] Phone: 204-500-0188 ext. 100... Address: 1151 Portage Avenue, Winnipeg, MB R3G 0S9 Web: www.caplandebtsolutions.ca I am also pleased to announce that Lynden Maxwell, an experienced insolvency administrator is working with me. We look forward to helping people with their financial needs. Our new tag line is: Caplan Debt Solutions where we take debt off your mind! Bruce