Dollard-des-Ormeaux

Consumer Proposal & Bankruptcy Experts

_{Dollard-des-Ormeaux, debt help, Quebec}

Dollard-des-Ormeaux, a suburban city on Montreal Island, boasts a family-friendly environment with parks and services. However, rising costs—10% for food and over 14% for household expenses—make daily living challenging. Higher interest rates further strain finances, complicating debt management and savings. This creates significant stress for residents seeking debt relief options.

City: Dollard-des-Ormeaux
Province/Territory: Quebec (QC), Canada
Est. Population: 48,403

Financial Challenges

Living in Dollard-des-Ormeaux can be tough if you’re having money problems. The cost of everyday things like food has gone up by 10%, and other household expenses have increased by more than 14%. This means it’s harder to afford the things your family needs each day. Paying for rent or a mortgage is also becoming more expensive because interest rates are higher. This makes it difficult to keep up with monthly payments and can add a lot of stress.

Working in Dollard-des-Ormeaux with financial issues means you might have to spend more of your paycheck just to cover basic costs. Higher interest rates can make any existing debts grow faster, making it harder to pay them off. Even everyday spending becomes a challenge, as you have to be more careful with your money. These financial pressures can make it hard to save for the future or handle unexpected expenses, leaving you feeling worried and stretched thin.

Debt Relief Solutions Available

_{*Illustration of Dollard-des-Ormeaux, Quebec}

Debt Data

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

_{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.}

Areas / Neighbourhoods

• Beaconsfield: Known for its spacious homes and family-friendly environment, Beaconsfield features several parks and access to waterfront areas along Lake Saint-Louis, making it a desirable neighborhood for outdoor enthusiasts.

• Westpark: This residential area is popular for its quiet streets, parks, and recreation facilities. It’s known for its community spirit, with various events and activities that engage families and residents.

• Châteauguay: A vibrant neighborhood that combines modern conveniences with community charm. This area boasts several shopping centers, schools, and facilities, making it convenient for families.

• Dollard-des-Ormeaux Village: The historic heart of the city, it features quaint streets lined with shops, cafes, and essential services. The atmosphere here is inviting, making it a great place for leisurely strolls.

• Centre de la Nature: While not a traditional neighborhood, this area is a significant attraction in Dollard-des-Ormeaux, offering beautiful natural spaces, walking trails, and recreational activities in a serene environment.

• Lakeshore: This area is marked by its proximity to picturesque waterfront views and recreational options. Ideal for those who enjoy outdoor activities like walking and cycling along the lakefront.

• Parkview: A peaceful, family-oriented community featuring several parks, playgrounds, and local amenities. This neighborhood is known for its tight-knit community feel and active lifestyle.

• Sunnybrooke: A quieter residential neighborhood presenting a range of housing options and green spaces. It’s an ideal area for families looking for a suburban lifestyle within reach of urban conveniences.

_{Illustration of Dollard-des-Ormeaux, Quebec, Canada}

Cost of Living

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

_{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 cost of living in Dollard-des-Ormeaux compared to nearby cities?
2. How has the real estate market in Dollard-des-Ormeaux changed over the past few years?
3. What are the average salaries in Dollard-des-Ormeaux and how do they compare to the Quebec provincial average?
4. What financial assistance programs are available for residents of Dollard-des-Ormeaux?
5. How do property taxes in Dollard-des-Ormeaux compare to other municipalities in Quebec?
6. What are the main economic sectors contributing to the local economy of Dollard-des-Ormeaux?
7. What financial challenges are residents of Dollard-des-Ormeaux currently facing due to inflation or economic changes?
   

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

Overview

Located on the Island of Montreal, this suburban city is known for its family-friendly atmosphere, diverse communities, and well-planned parks and recreational facilities. The area is home to various schools and community services, making it an attractive place for families. The city is also characterized by a mix of residential homes, shopping centers, and green spaces, which provide residents with a balanced lifestyle. With good access to public transportation and major highways, it offers convenience for commuting to Montreal and surrounding regions.