DebtMatters Podcast

Wayne Kay

A podcast dedicated to discussing consumer and household debt and strategies and ways of dealing with uncontrolled or problematic debt. Featuring debt experts with decades of experience in helping Canadians recover from the burden of debt.

  1. 04/20/2025

    144 - Signs You Might Be in Financial Hardship—and What to Do Next

    Wayne Kay sits down with Derek Chase, Licensed Insolvency Trustee at Chase and Associates, to explore the warning signs of financial hardship and what Canadians can do when they spot these red flags. Key topics discussed include:Signs of financial trouble: Learn how collection calls, overdrafts, and rising debt are red flags.The emotional toll of debt: Find out how ignoring financial issues can lead to stress and strain relationships.Taking action early: Discover why addressing debt early can provide more options and prevent further damagePlus:  Evaluating your finances: Learn how to take stock of your assets, debts, income, and expenses.Cutting unnecessary expenses: Tips on trimming wasteful spending to free up money fast.Avoiding high-interest loans: Understand why payday loans often worsen any money problems.“Recognizing the signs early and taking action can mean the difference between a financial reset and financial ruin.” — Derek Chase Debt doesn’t have to feel shameful. It’s more common than you think, and there are plenty of ways to tackle it. From smarter budgeting, selling unused assets, or professional help—options are available. Listen in to learn more: Additional ResourcesChase & Associates Licensed Insolvency Trustee5 Debt Warning Signs & How to Deal With ThemWhen Should I Seek Debt Relief? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

    20 min
  2. 04/19/2025

    143 - Your Guide to Debt Relief: What Is a Consumer Proposal?

    Wayne Kay sits down with Derek Chase to unpack the growing rise of Consumer Proposals in Canada. Find out how they work, who qualifies, and why more Canadians are choosing them over Bankruptcy as a debt solution.  Key topics discussed include:Why Consumer Proposals are gaining popularity: Look at the reasons more Canadians are turning to this option for structured debt relief and asset protection.The impact on credit: Explore how a Consumer Proposal affects your credit rating and what it means for rebuilding moving forward. Is it the right fit for you: Break down the factors to consider when deciding if a Consumer Proposal aligns with your income, debt type, assets, and financial goals.Plus:  Secured vs. unsecured debt: The difference between debts tied to assets and those that aren’t—and why each requires a different repayment strategy.Alternative debt relief options in Canada: From debt consolidation to Bankruptcy, explore the full range of solutions available to Canadians.“The key to choosing the right path is looking at your cash flow—not just this month, but the next and the one after that.” — Derek Chase Struggling with debt doesn’t mean you’re out of options. Consumer proposals offer a practical path forward—one that’s affordable, legal, and designed to give you room to breathe. Tune into the podcast to learn how. Additional ResourcesChase & Associates Licensed Insolvency TrusteeConsumer Proposals: 10 Reasons It’s the Top Debt Relief Solution for BC ResidentsIs a Consumer Proposal Right for Me? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

    17 min

About

A podcast dedicated to discussing consumer and household debt and strategies and ways of dealing with uncontrolled or problematic debt. Featuring debt experts with decades of experience in helping Canadians recover from the burden of debt.