Barrington

Consumer Proposal & Bankruptcy Relief Experts

Barrington, debt relief, Nova Scotia

Barrington, Nova Scotia, offers stunning coastal landscapes and a rich maritime culture but faces financial challenges for residents. High living costs, job scarcity, and increased taxes can burden families, especially during winter. Access to debt relief is hindered by high interest rates and limited financial assistance for non-homeowners, complicating their ability to manage expenses.

City: Barrington
Province/Territory: Nova Scotia (NS), Canada
Est. Population: 6,646

Financial Challenges

Many people living in Barrington, Nova Scotia, who have money problems might find it hard to pay for things like heating their homes, especially during the cold winters. The cost of living can be high, and there aren’t always enough jobs available to help people earn enough money. When the town needs to fix things like the water system, taxes might go up, making it even harder for families to afford their bills.

Additionally, borrowing money can be difficult because banks might charge high interest rates, making loans more expensive. There might also be less help available for those who need financial assistance, especially if they don’t own a home. Programs that could help with energy costs often require owning a property, which not everyone does. All these factors can make living and working in Barrington challenging for those who are struggling with money.

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


Landscape view of Barrington showcasing community resources for debt relief options and financial support.

*Illustration of Barrington, Nova Scotia

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 paycheck3,124
Living in povertyNumber of residents who are living in poverty738
Debt defaultedNumber of residents who have defaulted on a debt payment72
InsolvenciesNumber of residents who filed for insolvency17
Consumer proposalNumber of residents who filed for a consumer proposal13
Personal bankruptcyNumber of residents who filed for personal bankruptcy4

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

  • Barrington Passage
    A picturesque coastal village known for its beautiful waterfront views and local fishing industry. It’s a hub for tourism and offers access to various marine activities.

  • Barrington Cove
    This area features a scenic landscape with coves and trails, perfect for outdoor enthusiasts. It’s popular for hiking, bird watching, and enjoying the serene natural surroundings.

  • Pondville
    A small community known for its charming rural character. It offers a peaceful atmosphere with access to farmland and close-knit community living.

  • Cape Sable Island
    Connected by bridges, this area is famous for its stunning beaches and rich maritime history. It’s a favorite spot for locals and tourists looking to relax by the ocean.

  • Clam Point
    A quiet neighborhood that highlights Barrington’s coastal lifestyle. It features scenic views and is ideal for those who appreciate tranquility and nature.

  • Main Street Barrington
    The commercial heart of Barrington, featuring various shops, restaurants, and services. It’s where residents gather for events and community activities.

  • Wood’s Harbour
    A vibrant fishing village known for its lobster fishing. It offers stunning coastal views and a strong sense of community among residents.

Landscape view of Barrington showcasing community resources for debt relief options and financial support. Debt solutions available.

Illustration of Barrington, Nova Scotia, Canada

Cost of Living

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

ItemDescriptionAverage Cost
Housing (1BR)Monthly rent for a 1-bedroom apartment$2,114
Housing (2BR)Monthly rent for a 2-bedroom apartment$2,828
Average Home PriceAverage price to purchase a home$399,000
UtilitiesMonthly cost for electricity, heating, water, and garbage$250
Food (Single)Monthly grocery cost for a single person$350
Food (Family)Monthly grocery cost for a family of four$1,000
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$2,114
Transportation (Car)Monthly cost for car ownership$650
Childcare (Daycare)Monthly cost for daycare$1,100
Childcare (After-School)Monthly cost for after-school programs$400

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 current cost of living in Barrington, Nova Scotia?
  2. How does the housing market in Barrington compare to other areas in Nova Scotia?
  3. What are the primary economic drivers in Barrington and their impact on local jobs?
  4. Are there local government programs in Barrington to assist residents with financial challenges?
  5. How have property taxes in Barrington changed in recent years?
  6. What is the average income for residents in Barrington, and how does it compare to the national average?
  7. What financial resources are available to new residents moving to Barrington?

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

Overview

Located on the southwestern coast of Nova Scotia, this community is known for its beautiful coastal scenery, including beaches and picturesque seaside views. The area is rich in maritime culture and history, with activities such as fishing and boat building playing important roles in the local economy. The surrounding landscape offers opportunities for outdoor adventures like kayaking, hiking, and bird watching, making it an appealing destination for nature enthusiasts. The community hosts events and festivals that celebrate local traditions, drawing visitors and fostering a sense of togetherness among residents.



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