Acton Vale

Expert Debt Relief & Consumer Proposal Help

Acton Vale, debt relief, Quebec

Acton Vale, Quebec, offers a charming community with a mix of industrial and agricultural activities. However, residents face financial challenges due to limited job opportunities and a high cost of living, making debt relief difficult. The struggle to manage finances and pay bills can create stress, highlighting the need for resources like debt management and credit counseling in the area.

City: Acton Vale
Province/Territory: Quebec (QC), Canada
Est. Population: 7,664

Financial Challenges

Living in Acton Vale can be tough if you’re struggling with money. There aren’t many different types of jobs available, especially since many people work in factories that might not always have enough work. If these factories have to close or cut jobs because of changes in trade with other countries, it can be hard to find new work. This makes it difficult to earn enough money to pay for things like rent, food, and bills.

Another challenge is that the cost of living might be high compared to the wages people earn. Without enough income, paying off debts or saving money becomes really hard. There aren’t always many local resources to help people who are in debt, so managing money problems can feel overwhelming. This can make everyday life stressful for those trying to get by in Acton Vale.

Debt Relief Solutions Available

Financial Planning

You are creating a detailed plan to manage your finances, including budgeting, setting financial goals, and saving for future needs. It's about gaining control over your money, making informed decisions, and reducing the likelihood of new debt.

Find out more about Financial Planning

Debt Management Plan

Pay off your debt through consolidated payments and sometimes lower interest rates. In a Debt Management Plan (DMP), a credit counselor works with creditors to negotiate terms that make your debt more manageable, resulting in a single monthly payment.

Find out more about Debt Management

Debt Consolidation

Combine multiple debts, such as credit card balances and personal loans, into a single loan with a lower interest rate. This can simplify your payment process and reduce the total interest charges over time, making it easier to pay down your debt.

Find out more about Debt Consolidation

Debt Settlement

Negotiate with your creditors to reduce the amount you owe in exchange for a reduced lump-sum payment. Creditors are willing to write off the debt because they receive immediate payment. Typically, these negotiations are handled by debt settlement companies.

Find out more about Debt Settlement

Consumer Proposal

A consumer proposal is a legally binding agreement between you and your creditors to repay a portion of your debt over an extended period. Administered by an LIT, the proposal will outline a fixed monthly payment plan you can afford.

Find out more about Consumer Proposals

Bankruptcy

Personal bankruptcy is a legal process that relieves individuals who cannot repay their debts. It involves erasing most of your unsecured debts and giving you a fresh financial start, but it also has a long-term impact on your credit rating.

Find out more about Bankruptcy


peaceful landscape in Acton Vale showcasing nature for debt relief awareness

*Illustration of Acton Vale, Quebec

Debt Data

This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.

ItemDescriptionEstimated
Living paycheck to paycheckNumber of residents who are living paycheck to paycheck3,602
Living in povertyNumber of residents who are living in poverty851
Debt defaultedNumber of residents who have defaulted on a debt payment84
InsolvenciesNumber of residents who filed for insolvency19
Consumer proposalNumber of residents who filed for a consumer proposal15
Personal bankruptcyNumber of residents who filed for personal bankruptcy5

The estimates above are based on the following ratios living paycheck to paycheck rate (47%), poverty rate (11.1%), delinquency rate (1.09%), insolvency rate (0.25%), consumer proposal rate (0.19%), personal bankruptcy rate (.06%) from the following sources leger360.com, statcan.gc.ca, consumer.equifax.ca and is, d-isde.canada.ca.

Elimiate up to 80% of Your Debt

High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!

Write off up to 80% of your debts Reduce debts into one affordable monthly payment Stop all collections calls No interest and charges (completely frozen) Government-legislated debt relief programs

Areas / Neighbourhoods

  • Centre-ville
    The heart of Acton Vale, Centre-ville is known for its charming shops, cafes, and local businesses. Residents and visitors alike enjoy the vibrant community atmosphere, especially during local events and festivals.

  • Côteau
    This residential area is appreciated for its peaceful streets and family-friendly environment. Côteau is characterized by a mix of single-family homes and green spaces, making it ideal for families seeking a quiet neighborhood.

  • Parc des Érables
    Surrounding a central park, this neighborhood is perfect for outdoor enthusiasts. It features walking trails, playgrounds, and picnic areas, providing a great space for community gatherings and recreational activities.

  • Université du Québec à Trois-Rivières - Campus de Saint-Hyacinthe
    While technically just outside Acton Vale, this area attracts students and young professionals to the region. The vibrant student life contributes to a dynamic community atmosphere with various events, workshops, and cultural activities.

  • Les Bouleaux
    Known for its beautiful homes and scenic views, Les Bouleaux is a sought-after area for those looking for a quieter lifestyle. It features suburban residences with easy access to nature paths and local parks.

  • Rue de la Gare
    This historic street runs parallel to the railway and is a focal point for some of the town’s older architecture. It reflects the heritage of Acton Vale and is popular among those interested in history and community events.

peaceful landscape in Acton Vale showcasing nature for debt relief awareness Debt solutions available.

Illustration of Acton Vale, Quebec, Canada

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in Acton Vale, Canada to help understand the financial requirements for different living situations.

ItemDescriptionAverage Cost
Housing (1BR)Monthly rent for a 1-bedroom apartment$1,270
Housing (2BR)Monthly rent for a 2-bedroom apartment$1,750
Average Home PriceAverage price to purchase a home$502,000
UtilitiesMonthly cost for electricity, heating, water, and garbage$200
Food (Single)Monthly grocery cost for a single person$300
Food (Family)Monthly grocery cost for a family of four$850
Healthcare (Rx)Monthly cost for prescription medications$35
Healthcare (Dental)Monthly cost for dental care$200
Healthcare (Vision)Monthly cost for vision care$225
Transportation (Public)Monthly cost for public transit$1,270
Transportation (Car)Monthly cost for car ownership$550
Childcare (Daycare)Monthly cost for daycare$650
Childcare (After-School)Monthly cost for after-school programs$300

The cost of living data is based on provincial averages and may differ between cities, towns, and rural areas.

Top Questions

  1. What is the average cost of living in Acton Vale, Quebec?
  2. How is the job market in Acton Vale and what are the primary industries driving the local economy?
  3. What are the average housing prices in Acton Vale?
  4. How do utility costs in Acton Vale compare to those in other regions of Quebec?
  5. What financial assistance programs are available for residents facing economic challenges in Acton Vale?
  6. What is the current unemployment rate in Acton Vale and how has it changed over the past few years?
  7. How do the local tax rates in Acton Vale impact residents’ financial situations?

If you have a question about debt see our debt related question or ask your own debt related question.

Overview

Located in the beautiful region of Quebec, this small town is known for its rich history and active community life. It is conveniently situated along the popular Route 116, making it easily accessible for visitors and residents alike. The town has a mix of industrial and agricultural activities, with local businesses contributing to its economy. Residents enjoy various recreational activities, including parks, cultural events, and festivals that celebrate the town’s heritage. The close-knit community fosters a welcoming atmosphere, making it a great place for families and individuals who appreciate a quieter lifestyle.



Elimiate up to 80% of Your Debt

High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!

Write off up to 80% of your debts
Reduce debts into one affordable monthly payment
Stop all collections calls
No interest and charges (completely frozen)
Government-legislated debt relief programs