Amqui
Expert Debt Solutions - Consumer Proposals & Help
Amqui, debt relief, Quebec
Amqui, in Quebec’s Bas-Saint-Laurent region, is a picturesque city with a close-knit community and beautiful nature. However, residents face financial challenges due to limited job opportunities, high housing costs, and restricted access to essential services. Many struggle with covering basic expenses, highlighting the need for effective debt relief solutions and support for those in financial distress.
City: Amqui
Province/Territory: Quebec (QC), Canada
Est. Population: 4,560
Financial Challenges
Living in Amqui, Quebec can be hard for people who are having money problems. There might not be many jobs available, which makes it tough to earn enough money to pay for things like food, rent, and bills. If someone loses their job or doesn’t make much money, they can find it difficult to cover their daily expenses.
On top of that, the cost of housing in Amqui might be high compared to what people earn. This means it can be challenging to find an affordable and safe place to live. Access to things like healthcare and other important services might also be limited. Without enough financial help or community support, people struggling with money in Amqui may find it hard to improve their situation.
Debt Relief Solutions Available
Financial Planning
Financial planning means making a smart plan for your money. It helps you budget, set goals, and save for the future. With a plan in place, you can feel more in control of your money and avoid falling into debt again.
Find out more about Financial PlanningDebt Management Plan
A Debt Management Plan, or DMP, helps you pay back what you owe in one simple monthly payment. A credit expert talks to your creditors to lower your interest and make the debt easier to handle.
Find out more about Debt ManagementDebt Consolidation
Debt consolidation means putting all your debts—like credit cards and loans—into one new loan. This new loan usually has a lower interest rate, which can help you save money and pay off your debt faster.
Find out more about Debt ConsolidationDebt Settlement
Debt settlement means offering less than the full amount you owe to clear your debt. Creditors may accept it because they get paid quickly. A debt settlement company usually helps with this process.
Find out more about Debt SettlementConsumer Proposal
A consumer proposal is a legal deal between you and the people you owe. You agree to pay back part of your debt in smaller monthly payments. A Licensed Insolvency Trustee helps make the plan and talks to your creditors for you.
Find out more about Consumer ProposalsBankruptcy
Bankruptcy is a legal way to clear most of your debts if you can’t pay them back. It gives you a fresh start, but it can also hurt your credit score for several years.
Find out more about Bankruptcy
*Illustration of Amqui, Quebec
Debt Data
This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.
| Item | Description | Estimated |
|---|---|---|
| Living paycheck to paycheck | Number of residents who are living paycheck to paycheck | 2,143 |
| Living in poverty | Number of residents who are living in poverty | 506 |
| Debt defaulted | Number of residents who have defaulted on a debt payment | 50 |
| Insolvencies | Number of residents who filed for insolvency | 11 |
| Consumer proposal | Number of residents who filed for a consumer proposal | 9 |
| Personal bankruptcy | Number of residents who filed for personal bankruptcy | 3 |
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!
Areas / Neighbourhoods
Centre-ville (Downtown Amqui)
The heart of Amqui, this vibrant area features a mix of local businesses, shops, and restaurants. It’s a bustling hub where residents and visitors gather, especially during local events and festivals.Parc de la Gare
A picturesque park that serves as a community gathering space, Parc de la Gare is known for its lush greenery and well-maintained walking paths. It often hosts various recreational activities and is a lovely spot for family outings.Quartier des Rivières
This serene neighborhood is characterized by its proximity to rivers and nature trails. It’s ideal for those who enjoy outdoor activities such as hiking, fishing, and boating, providing a peaceful escape from the urban environment.Village des Ruisseaux
A charming residential area known for its friendly community atmosphere and family-oriented amenities. This neighborhood often features local markets and events, promoting a strong sense of belonging among its residents.Chemin du Golf
Located near the local golf course, this neighborhood attracts golf enthusiasts and nature lovers. It offers beautiful views, well-kept homes, and easy access to both recreational activities and scenic landscapes.
Illustration of Amqui, Quebec, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Amqui, Canada to help understand the financial requirements for different living situations.
| Item | Description | Average 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 Price | Average price to purchase a home | $502,000 |
| Utilities | Monthly 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
- What is the average cost of living in Amqui, Quebec?
- How does the job market in Amqui compare to other cities in Quebec?
- What are the average household incomes in Amqui, and how do they affect the local economy?
- What financial assistance programs are available to residents of Amqui?
- How are property prices trending in Amqui over the past few years?
- What are common financial challenges faced by residents of Amqui?
- How does the economic outlook for Amqui look for the next few years?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Located in the Bas-Saint-Laurent region of Quebec, this small city is surrounded by beautiful nature, including forests and rivers, making it a great spot for outdoor activities like hiking and fishing. It has a population of around 6,000 people and is known for its warm community spirit, with many local events and festivals celebrating its culture and heritage. The city also serves as a hub for surrounding rural areas, offering various services and amenities, such as schools, healthcare, and shops. With a rich history and picturesque landscapes, it’s a charming place for families and visitors alike.
Eliminate 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!