Beresford

Expert Debt Relief Solutions & Consumer Proposals

_{Beresford, debt relief, New Brunswick}

Beresford, New Brunswick, is a serene town facing economic challenges, particularly for its older population dependent on fixed incomes. With lower average household earnings and few job opportunities, residents struggle with expenses and accumulating debt. The town’s integration into Belle-Baie adds uncertainty to job stability, while language barriers further limit options. Debt relief strategies are crucial for local families.

City: Beresford
Province/Territory: New Brunswick (NB), Canada
Est. Population: 4,294

Financial Challenges

Living in Beresford, New Brunswick can be tough for people who are having money problems. Many people here are older, with the average age around 54, which means there are more people relying on fixed incomes like pensions. This makes it harder to keep up with expenses, especially medical bills. The average household doesn’t earn as much money as in other parts of Canada, so paying for things like rent, groceries, and utilities can be a struggle. There are also fewer job opportunities, and the jobs available might not pay enough to cover all the costs, leading to more debt for families trying to make ends meet.

Working in Beresford might also have its challenges. Since the town recently became part of a larger area called Belle-Baie, some services and jobs might have changed, making it uncertain for people to find stable work. Language can be another barrier, as many people speak French, and not everyone is fluent in English, which can limit job options. With fewer businesses and limited economic growth, finding higher-paying jobs is difficult. All these factors combined can make managing money and avoiding debt much harder for those living and working in Beresford.

Debt Relief Solutions Available

_{*Illustration of Beresford, New Brunswick}

Debt Data

This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.

_{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.}

Areas / Neighbourhoods

• Beresford Beach: A picturesque waterfront area known for its sandy shores and recreational activities. It attracts families and visitors, offering a serene environment for swimming and picnicking.

• Gagnon Park: A local favorite for outdoor activities, Gagnon Park features sports fields, playgrounds, and walking trails. It’s a gathering spot for community events and a place for families to enjoy leisure activities.

• Parc de la Promenade: This scenic park along the waterfront provides walking paths, picnic areas, and beautiful views of the bay. It’s an ideal spot for walking, jogging, and enjoying the sunset.

• Beresford Village: The heart of the community, Beresford Village showcases local shops, restaurants, and services. It fosters a sense of community and is often a hub for local events.

• Pond des Chenes: A tranquil area known for its natural beauty and biodiversity. It offers opportunities for birdwatching and nature walks, making it a hidden gem for nature enthusiasts.

• Cap de la Madeleine: A residential neighborhood known for its quaint charm and welcoming community atmosphere. It features family-friendly homes and is close to local amenities, making it appealing to residents.

• Chaleur Bay Area: This region provides stunning coastal scenery and is popular for boating and fishing. It’s a prime location for those who appreciate maritime activities and coastal living.

_{Illustration of Beresford, New Brunswick, Canada}

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in Beresford, Canada to help understand the financial requirements for different living situations.

_{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 Beresford, New Brunswick?
2. How has the housing market in Beresford changed in recent years?
3. What are the main employment industries in Beresford, and how do they affect local wages?
4. Are there any financial assistance programs available for residents of Beresford?
5. What is the average income level for residents in Beresford?
6. How does the cost of utilities in Beresford compare to other cities in New Brunswick?
7. What financial challenges do families in Beresford commonly face?
   

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

Overview

Beresford, located in New Brunswick, Canada, is a small town known for its beautiful natural surroundings and community spirit. Situated near the Bay of Chaleur, it offers stunning waterfront views and recreational activities like hiking and fishing. The area has a rich history and is home to a mix of cultural influences, particularly French, given its significant Francophone population. Residents enjoy a close-knit atmosphere, with local events and festivals that celebrate the town’s heritage. With its accessible amenities and scenic landscapes, it provides a serene environment for both families and retirees.