Sainte-Julienne
Consumer Proposal & Debt Relief Experts
Sainte-Julienne, debt relief, Quebec
Sainte-Julienne, located northeast of Montreal, offers beautiful landscapes and a community-focused lifestyle. However, residents face financial challenges due to higher taxes, healthcare costs, and limited job opportunities. These factors can make it difficult to manage debts and pay bills, emphasizing the need for effective debt relief options like consumer proposals and credit counseling to improve financial situations in the area.
City: Sainte-Julienne
Province/Territory: Quebec (QC), Canada
Est. Population: 9,331
Financial Challenges
Living and working in Sainte-Julienne can be hard for people who are having money problems. Higher taxes and costs for things like healthcare and schools make it tough to pay for everyday needs. If someone loses their job or doesn’t earn enough, finding a new job might be difficult because there aren’t many opportunities. This can make it hard to pay bills and manage debts.
Additionally, the cost of electricity might go up, which means more money spent on heating and lights. If local businesses have trouble or close down, there are even fewer jobs available. All these challenges together make it difficult for people in Sainte-Julienne to make ends meet and improve their financial situation.
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 PlanningDebt 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 ManagementDebt 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 ConsolidationDebt 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 SettlementConsumer 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 ProposalsBankruptcy
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
*Illustration of Sainte-Julienne, Quebec
Debt Data
This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.
| Item | Description | Estimated |
|---|---|---|
| Living paycheck to paycheck | Number of residents who are living paycheck to paycheck | 4,386 |
| Living in poverty | Number of residents who are living in poverty | 1,036 |
| Debt defaulted | Number of residents who have defaulted on a debt payment | 102 |
| Insolvencies | Number of residents who filed for insolvency | 23 |
| Consumer proposal | Number of residents who filed for a consumer proposal | 18 |
| Personal bankruptcy | Number of residents who filed for personal bankruptcy | 6 |
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!
Areas / Neighbourhoods
Vieux Sainte-Julienne: This historic area features charming architecture and a quaint atmosphere, home to several local shops, cafes, and community events. It’s known for its picturesque streets and a sense of small-town charm.
Sainte-Julienne Centre: The main commercial hub with a variety of amenities including grocery stores, restaurants, and services. This area is lively and well-frequented, making it a key destination for residents and visitors alike.
Le Domaine des Moulins: A family-friendly neighborhood characterized by its spacious lots and modern homes. It offers a peaceful environment with easy access to parks and recreational facilities, ideal for families looking for a suburban lifestyle.
Secteur des Ruisseaux: Known for its natural beauty, this area features several green spaces and walking trails along the waterways. It is popular among nature enthusiasts and those looking to enjoy outdoor activities.
Le Quartier des Érables: This area is noted for its vibrant community atmosphere and proximity to schools and parks. It has a mix of residential housing and is particularly popular among young families and professionals.
Route 125 Corridor: Serving as a major thoroughfare, this neighborhood connects Sainte-Julienne to surrounding communities. It includes several commercial establishments that cater to both residents and travelers.
Illustration of Sainte-Julienne, Quebec, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Sainte-Julienne, Canada to help understand the financial requirements for different living situations.
| Item | Description | Average 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 Price | Average price to purchase a home | $502,000 |
| Utilities | Monthly 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
- What is the average cost of living in Sainte-Julienne, Quebec?
- How does the real estate market in Sainte-Julienne compare to nearby towns?
- What are the average household incomes in Sainte-Julienne, and how do they affect financial stability?
- What job opportunities are available in Sainte-Julienne, and which industries are thriving?
- What are the major financial challenges faced by residents of Sainte-Julienne?
- How do local taxes in Sainte-Julienne impact residents’ finances?
- What is the economic outlook for Sainte-Julienne in the coming years?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Located about 50 kilometers northeast of Montreal, this small town is known for its beautiful landscapes, including forests, rivers, and nearby lakes. It has a mix of rural charm and suburban amenities, making it a great place for families and outdoor enthusiasts. The community hosts various events throughout the year, such as festivals that celebrate local culture and agriculture. Residents enjoy access to several parks and recreational activities, contributing to a close-knit feel among those living in the area. With a focus on sustainability, the town promotes eco-friendly practices and community involvement, making it an appealing choice for those looking for a peaceful and active 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!