Chambly

Effective Debt Relief Solutions for Financial Help

Chambly, debt help, Quebec

Chambly, Quebec, offers a rich history and natural beauty but poses financial challenges for residents. High interest rates on loans and credit cards complicate debt relief, while rising housing costs strain budgets. Increased living expenses and limited job opportunities heighten stress, making effective debt management crucial for those struggling with financial issues.

City: Chambly
Province/Territory: Quebec (QC), Canada
Est. Population: 31,444

Financial Challenges

Living in Chambly can be tough if you’re having money problems. High interest rates make loans and credit cards more expensive, so paying off debts can feel really hard. Even though the housing market is getting better, rent and home prices might still be high, making it difficult to find affordable places to live. Plus, with the cost of everyday things like food and gas going up, your money doesn’t stretch as far as it used to.

Finding a job might also be challenging because unemployment rates are rising in the area. This means there are fewer job opportunities, and you might have to work longer hours or take jobs that don’t pay as much. Managing your budget becomes really important, but it can be stressful when prices keep increasing. All these factors together make it harder to live comfortably and save money in Chambly when you’re facing financial struggles.

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


Chambly debt relief options for financial recovery and support services.

*Illustration of Chambly, 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 paycheck14,779
Living in povertyNumber of residents who are living in poverty3,490
Debt defaultedNumber of residents who have defaulted on a debt payment343
InsolvenciesNumber of residents who filed for insolvency79
Consumer proposalNumber of residents who filed for a consumer proposal60
Personal bankruptcyNumber of residents who filed for personal bankruptcy19

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-Chambly
    A charming historic district known for its well-preserved architecture and quaint streets. Vieux-Chambly offers a selection of boutiques, cafés, and restaurants, as well as access to the Chambly Canal, perfect for leisurely strolls.

  • Chambly Centre
    The heart of the city, Chambly Centre is a bustling area with a mix of residential and commercial properties. It features various amenities, including shops, schools, and parks, making it a convenient choice for families and commuters.

  • Domaine de la Rive
    A picturesque neighborhood located along the Richelieu River, Domaine de la Rive is popular for its scenic views and waterfront properties. It’s an ideal spot for outdoor activities such as cycling, walking, and enjoying nature.

  • Le Vieux-Moulin
    This neighborhood is known for its unique character and historical significance, featuring old mills and natural landscapes. Le Vieux-Moulin attracts those who appreciate tranquility and a community-focused living environment.

  • Les Jardins de Chambly
    A modern residential area characterized by spacious homes and well-maintained green spaces. Les Jardins de Chambly is family-friendly and offers proximity to local schools and recreational facilities.

  • Parc des Ateliers
    An appealing neighborhood that features a mix of residences and parks. Parc des Ateliers is perfect for families, with playgrounds and sports facilities, as well as easy access to walking trails along the river.

Chambly debt relief options for financial recovery and support services. Debt solutions available.

Illustration of Chambly, Quebec, Canada

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in Chambly, 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 Chambly, Quebec?
  2. How do housing prices in Chambly compare to neighboring cities?
  3. What are the local employment opportunities and average salaries in Chambly?
  4. How do utility costs in Chambly affect residents’ overall financial health?
  5. What financial assistance programs are available for residents in Chambly?
  6. How does the economic outlook for Chambly impact local businesses and job growth?
  7. What are the common financial challenges faced by residents in Chambly?

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

Overview

Chambly is a charming city located in the Montérégie region of Quebec, Canada, known for its rich history and beautiful natural surroundings. It is situated along the Chambly Basin, which is part of the Richelieu River, providing opportunities for outdoor activities like boating, fishing, and hiking. The city has a blend of modern amenities and historical sites, including the Fort Chambly, a national historic site, showcasing the area’s colonial past. With diverse parks and cultural events, it serves as a community hub that attracts both residents and visitors who appreciate a mix of nature, history, and local culture.



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