Saint-Raymond

Trusted Debt Relief & Consumer Proposal Help

Saint-Raymond, debt relief, Quebec

Saint-Raymond, Quebec, offers a charming rural setting but faces economic challenges impacting residents’ financial stability. The limited job market in agriculture and forestry may lead to lower incomes and difficulties in covering essential expenses. High taxes and reduced public services further strain finances, increasing reliance on debt. This situation underscores the need for effective debt relief solutions in the community.

City: Saint-Raymond
Province/Territory: Quebec (QC), Canada
Est. Population: 9,615

Financial Challenges

Residents of Saint-Raymond may find it hard to make ends meet because the local economy isn’t growing much. Jobs in important areas like farming and forestry might be limited, especially if there are problems like droughts or wildfires that affect these industries. With fewer job opportunities, people might earn less money, making it tough to pay for things like rent, groceries, and transportation. High taxes could also mean that more of their income goes to the government, leaving less money for personal needs.

Living in Saint-Raymond could also mean dealing with reduced public services. If the city has less money to spend, things like healthcare, schools, and community programs might not be as available or of the same quality. This can make everyday life more expensive and stressful for people who are already struggling financially. Additionally, residents might have to rely more on debt to cover their expenses, leading to challenges in managing bills and loans. All these factors together can make it difficult for someone with money problems to live and work comfortably in Saint-Raymond.

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


Saint-Raymond community event promoting debt relief resources and support for financial wellness.

*Illustration of Saint-Raymond, 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 paycheck4,519
Living in povertyNumber of residents who are living in poverty1,067
Debt defaultedNumber of residents who have defaulted on a debt payment105
InsolvenciesNumber of residents who filed for insolvency24
Consumer proposalNumber of residents who filed for a consumer proposal18
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

  • Centre-Ville: This is the heart of Saint-Raymond, featuring a mix of historical architecture, local shops, and community services. It’s a vibrant area where residents gather for events and festivals, fostering a strong sense of community.

  • Lac Sept-Îles: Known for its beautiful lake views and recreational opportunities, this area attracts outdoor enthusiasts. Whether it’s fishing, kayaking, or simply enjoying peaceful walks along the waterfront, Lac Sept-Îles is a popular destination for nature lovers.

  • Saint-Jacques: A residential neighborhood that offers a quiet, family-friendly atmosphere. It’s well-liked for its spacious lots and proximity to schools and parks, making it ideal for families seeking a suburban lifestyle.

  • Parc des Roches: This neighborhood is famous for its parks and green spaces, providing ample opportunities for outdoor activities such as hiking and picnicking. The area is perfect for those who enjoy spending time in nature while being close to the community’s amenities.

  • Côte de l’Église: This area is characterized by its charming homes and proximity to local churches. It offers a serene residential environment while still being conveniently located near essential services and shops.

  • Saint-Raphaël: A picturesque area located near Saint-Raymond, it is known for its stunning natural landscapes and outdoor recreational facilities. Ideal for those who appreciate a rural setting with easy access to urban conveniences.

Saint-Raymond community event promoting debt relief resources and support for financial wellness. Debt solutions available.

Illustration of Saint-Raymond, Quebec, Canada

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in Saint-Raymond, 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-Raymond, Quebec?
  2. How do housing prices in Saint-Raymond compare to nearby cities?
  3. What are the primary sources of income for residents in Saint-Raymond?
  4. What financial assistance programs are available for residents in Saint-Raymond?
  5. How has the economic outlook for Saint-Raymond changed in recent years?
  6. What are the main financial challenges faced by residents of Saint-Raymond?
  7. Are there any employment opportunities in Saint-Raymond that offer competitive salaries?

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

Overview

Saint-Raymond is a small municipality located in the province of Quebec, Canada, nestled between the picturesque Saint Lawrence River and the beautiful landscapes of the Laurentian Mountains. Known for its rich history and charming rural environment, the area is surrounded by lush forests and lakes, providing ample opportunities for outdoor activities like hiking, fishing, and skiing. The community offers a friendly atmosphere with local events and cultural festivals that celebrate its heritage. Additionally, the town is close to several regional attractions, making it an appealing place for both residents and visitors who enjoy nature and 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