Stoneham-et-Tewkesbury

Debt Relief Services Made Easy

Stoneham-et-Tewkesbury, debt relief, Quebec

Stoneham-et-Tewkesbury, located in Quebec’s Capitale-Nationale region, offers stunning landscapes and outdoor activities. However, many residents face financial challenges, struggling with basic expenses and high credit card bills, impacting their quality of life. The elderly population requires additional healthcare services, straining local resources and diminishing funds for community amenities, which supports the need for effective debt relief solutions.

City: Stoneham-et-Tewkesbury
Province/Territory: Quebec (QC), Canada
Est. Population: 9,682

Financial Challenges

Many people living and working in Stoneham-et-Tewkesbury worry about having enough money. Paying for things like food and rent can be really tough, and some might have to use credit cards a lot, which makes their bills even higher. When money is tight, it can be hard to afford other important things like clothing or school supplies.

Additionally, there are many older adults in the community who need more help with healthcare and other services. This can use up a lot of the town’s resources, leaving less money available for everyone else. If the local government has to spend more money on these services, there might be less money left for things like parks, libraries, and other places that make living in Stoneham-et-Tewkesbury nice.

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


Stoneham-et-Tewkesbury debt relief services assisting individuals in financial recovery and management.

*Illustration of Stoneham-et-Tewkesbury, 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 paycheck4,551
Living in povertyNumber of residents who are living in poverty1,075
Debt defaultedNumber of residents who have defaulted on a debt payment106
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

  • Stoneham Village: This charming village is the heart of Stoneham-et-Tewkesbury, known for its quaint shops, local cafes, and vibrant community events. The area is surrounded by stunning natural landscapes and offers easy access to recreational activities throughout the year.

  • Les Cèdres: A picturesque neighborhood characterized by its beautiful homes and lush greenery. Les Cèdres is a family-friendly area with parks and is close to schools, making it an ideal choice for those seeking a suburban lifestyle.

  • Tewkesbury: Nestled along the river, Tewkesbury is known for its serene atmosphere and scenic views. It offers a slower pace of life, appealing to those looking for outdoor activities like hiking, fishing, and snowshoeing in the winter months.

  • Mont Sainte-Anne: While technically part of the surrounding area, Mont Sainte-Anne is famous for its skiing and outdoor sports. The neighborhood attracts adventure enthusiasts year-round and boasts a vibrant tourist presence, complete with lodges and amenities.

  • Les Érables: This area is recognized for its spacious properties and tranquil environment. Les Érables provides a perfect balance between rural living and accessibility to city amenities, making it attractive to both families and retirees.

  • Pinnacle Park: A recreational area that offers a mix of outdoor spaces and community-centered activities. Pinnacle Park is popular for walking trails, playgrounds, and seasonal events, fostering community engagement and family fun.

Stoneham-et-Tewkesbury debt relief services assisting individuals in financial recovery and management. Debt solutions available.

Illustration of Stoneham-et-Tewkesbury, Quebec, Canada

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in Stoneham-et-Tewkesbury, 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 Stoneham-et-Tewkesbury compared to nearby cities?
  2. What are the current housing prices in Stoneham-et-Tewkesbury, and how have they changed over the past year?
  3. How does the job market in Stoneham-et-Tewkesbury look, and what industries are growing?
  4. What financial assistance programs are available for residents facing economic challenges in Stoneham-et-Tewkesbury?
  5. How do property taxes in Stoneham-et-Tewkesbury compare to those in other regions of Quebec?
  6. What are the main source of incomes for residents in Stoneham-et-Tewkesbury, and how stable are they?
  7. How has the economic outlook for the next few years been projected for Stoneham-et-Tewkesbury?

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

Overview

Located in the Capitale-Nationale region of Quebec, this municipality is nestled near the scenic Laurentians, just 25 kilometers northeast of Quebec City. It is known for its beautiful natural landscapes, offering outdoor activities like skiing, hiking, and mountain biking, making it a popular destination for nature lovers and adventure seekers. In the summer, residents and visitors can enjoy the local lakes and parks, which promote a healthy, active lifestyle. The community also hosts various cultural events and festivals throughout the year, reflecting the rich heritage and local traditions of the area, making it a welcoming place 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