Canadians Cautious on Household Debt

March 7, 2011 - PRLog -- In a recent article in the International Business Times an article written by By Jim Adair entitled, " Cautious Canadians Tackle Household Debt" stated that household debt along with home equity in Canada has been increasing and that former is creating concerns. The article later references a study from the Vanier Institute of the Family.

Debt relief for Canadians can be found in a tried and tested method using debt settlement services  as offered by Clear Blue Debt Solutions. Debt settlement is a method where debts are agreed to be settled by both creditors and consumer for a reduced amount. Typically these settlement amounts can  amount to 80% to 35% of the debt, allowing the consumer to wipe out their debts with lesser amounts  while giving the creditor the opportunity to liquidate debts that would otherwise go into default.

>>>

# # #

Clear Blue Debt Solutions helps Canadian consumer struggling with credit card debt. Our debt settlement program is an alternative to Bankruptcy or Debt Management programs.