Saint-Colomban

Consumer Proposal & Debt Relief Experts

Saint-Colomban, debt help, Quebec

Saint-Colomban, located in Quebec’s Laurentides region, is a serene community with lush landscapes ideal for outdoor activities. However, residents face financial challenges like rising taxes and high housing costs amidst a slow economy. Limited job opportunities and everyday expenses intensify budgeting difficulties, making it crucial for individuals to seek debt relief options to manage their financial stress.

City: Saint-Colomban
Province/Territory: Quebec (QC), Canada
Est. Population: 17,740

Financial Challenges

Living in Saint-Colomban can be tough for people struggling with money. Taxes might stay the same or go up a little, which means less money in your pocket. Housing can be expensive, making it hard to find a place you can afford. With the economy growing slowly, there might not be many new jobs, and keeping a job can be stressful if businesses are unsure about the future.

Working in Saint-Colomban may also be challenging if you’re having money problems. Job opportunities are limited, so finding a new job if you lose one could take time. The cost of everyday things like groceries and transportation might be high, which makes budgeting harder. Additionally, having debt can add extra pressure, making it difficult to save money or handle unexpected expenses. All these factors can make life feel more stressful and uncertain.

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


scenic view of Saint-Colomban with emphasis on community support for debt relief solutions

*Illustration of Saint-Colomban, 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 paycheck8,338
Living in povertyNumber of residents who are living in poverty1,969
Debt defaultedNumber of residents who have defaulted on a debt payment193
InsolvenciesNumber of residents who filed for insolvency44
Consumer proposalNumber of residents who filed for a consumer proposal34
Personal bankruptcyNumber of residents who filed for personal bankruptcy11

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

  • Lac de l’Escalier
    A peaceful community centered around a picturesque lake, Lac de l’Escalier offers serene living with access to nature trails and recreational activities. It’s a sought-after area for families who appreciate a tranquil environment.

  • Le Village
    The heart of Saint-Colomban, Le Village is known for its local shops, services, and community events. It features a charming atmosphere with a mix of residential and commercial zones, promoting a vibrant community spirit.

  • Saint-Colomban Sud
    A suburban area that boasts larger properties and scenic landscapes. This neighborhood is popular among those seeking more spacious homes while still being a short drive from the amenities of urban life.

  • Ruisseau des Vaches
    This area is characterized by its natural beauty, featuring streamside properties and lush greenery. It’s ideal for outdoor enthusiasts who enjoy hiking and water activities, making it a desirable spot for nature lovers.

  • Lac de la Paix
    Known for its serene setting and recreational opportunities, this neighborhood offers waterfront properties that attract homeowners looking for a peaceful retreat. The area is popular for boating, fishing, and swimming.

  • Les Cèdres
    A family-friendly neighborhood with a strong sense of community. This area features parks, playgrounds, and recreational facilities, making it a great place for children and active families.

  • Rivière du Nord
    Located near the scenic river, this area provides scenic views and proximity to nature. It’s popular among those who enjoy outdoor activities such as kayaking, fishing, and hiking in a beautiful natural setting.

scenic view of Saint-Colomban with emphasis on community support for debt relief solutions Debt solutions available.

Illustration of Saint-Colomban, Quebec, Canada

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in Saint-Colomban, 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 Saint-Colomban, Quebec?
  2. How has the real estate market in Saint-Colomban changed over the past few years?
  3. What financial challenges do residents of Saint-Colomban face?
  4. Are there any local resources or programs available to help residents with financial difficulties in Saint-Colomban?
  5. What is the current employment rate in Saint-Colomban and the types of jobs available?
  6. How do utility costs in Saint-Colomban compare to those in nearby cities?
  7. What economic development initiatives are in place to boost the local economy in Saint-Colomban?

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

Overview

Located in the beautiful Laurentides region of Quebec, this community is known for its lush landscapes and outdoor activities, making it a popular destination for nature lovers and recreational enthusiasts. It offers a mix of residential areas and green spaces, providing residents with a peaceful living environment away from the hustle and bustle of larger cities. The area is characterized by its proximity to rivers, forests, and parks, which create opportunities for activities like hiking, biking, and enjoying seasonal sports. With its friendly atmosphere and growing population, this location serves as a charming place to call home for families and individuals alike.



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