Bois-des-Filion

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Bois-des-Filion, debt relief, Quebec

Bois-des-Filion, Quebec, offers a blend of residential charm and nature, appealing to families and outdoor enthusiasts. However, high housing costs, rising everyday expenses, and limited job opportunities create financial challenges for residents. Access to affordable healthcare and social services is scarce, intensifying money management issues. Those facing debt may benefit from exploring local debt relief options.

City: Bois-des-Filion
Province/Territory: Quebec (QC), Canada
Est. Population: 10,159

Financial Challenges

Living in Bois-des-Filion can be challenging if you’re struggling with money. The cost of housing, like renting or buying a home, is high, making it hard to find affordable places to live. Everyday expenses such as groceries, transportation, and utilities are also increasing, so keeping up with bills can be tough. Additionally, job opportunities might be limited, especially in certain fields, which makes finding stable work difficult for some people.

Another big challenge is accessing affordable healthcare and social services. If you need medical help or support programs, there might not be enough resources available, putting extra pressure on your finances. High taxes and possible cuts in local services can also make it harder to manage money. These financial pressures can make it difficult to save for the future or handle unexpected expenses, making everyday life in Bois-des-Filion stressful for those with money problems.

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


Image of a serene landscape in Bois-des-Filion showcasing community support for debt relief initiatives.

*Illustration of Bois-des-Filion, 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 paycheck4,775
Living in povertyNumber of residents who are living in poverty1,128
Debt defaultedNumber of residents who have defaulted on a debt payment111
InsolvenciesNumber of residents who filed for insolvency25
Consumer proposalNumber of residents who filed for a consumer proposal19
Personal bankruptcyNumber of residents who filed for personal bankruptcy6

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

  • Vieux-Bois-des-Filion: This charming area showcases the historical side of Bois-des-Filion with beautifully preserved homes and a quaint, community-oriented atmosphere. It often attracts families and individuals who appreciate a sense of nostalgia and a close-knit community.

  • Bois-des-Filion Centre: The central part of Bois-des-Filion features a mix of residential and commercial spaces. It is a vibrant hub with various shops, restaurants, and services, making it convenient for residents. The accessibility to public transportation adds to its appeal.

  • Parc des Érables: This neighborhood is centered around a lovely park, offering ample green space for outdoor activities and community events. It is popular among families for its recreational facilities and playgrounds, fostering an active lifestyle.

  • Château de l’Île: Situated near the water, this area is known for its scenic views and tranquil environment. It’s ideal for those who enjoy nature and outdoor activities, with proximity to walking trails and water-related recreation.

  • Rue des Oblats: A residential neighborhood characterized by quiet streets and friendly neighbors. The homes here are mostly single-family residences, making it a peaceful area suitable for families seeking a suburban lifestyle while remaining close to urban conveniences.

Image of a serene landscape in Bois-des-Filion showcasing community support for debt relief initiatives. Debt solutions available.

Illustration of Bois-des-Filion, Quebec, Canada

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in Bois-des-Filion, 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 Bois-des-Filion, Quebec?
  2. How does the housing market in Bois-des-Filion compare to other cities in Quebec?
  3. What are the average salaries for residents in Bois-des-Filion?
  4. What financial assistance programs are available to residents facing economic challenges in Bois-des-Filion?
  5. How has the economic outlook for Bois-des-Filion changed in recent years?
  6. What are the primary industries contributing to the economy of Bois-des-Filion?
  7. How do local taxes in Bois-des-Filion impact the overall cost of living for residents?

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

Overview

Located in the province of Quebec, this city is part of the Laval region and features a mix of residential and natural spaces, making it appealing for families and outdoor enthusiasts. With parks, green spaces, and recreational facilities, residents enjoy plenty of opportunities for community activities and outdoor recreation. Strategic transportation links provide easy access to nearby cities, allowing for convenient commuting. The city also values education, with various institutions serving the local population, contributing to a well-rounded community environment. Overall, this location offers a welcoming atmosphere with a focus on community engagement and outdoor life.



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