Notre-Dame-des-Prairies
Exploring Debt Relief Solutions
Notre-Dame-des-Prairies, debt relief, Quebec
Notre-Dame-des-Prairies, in Quebec’s Lanaudière region, offers a vibrant community despite economic challenges. High taxes and strained public services can impact residents’ finances. Job opportunities may be limited, adding to financial stress. For those seeking debt relief, understanding local economic factors is crucial for managing personal finances effectively in this picturesque municipality.
City: Notre-Dame-des-Prairies
Province/Territory: Quebec (QC), Canada
Est. Population: 9,471
Financial Challenges
Living in Notre-Dame-des-Prairies can be tough if you’re having money problems. The city might have higher taxes to help cover the province’s big budget issues, which means you have to spend more of your paycheck on things like property taxes. Public services like healthcare and education could also be stretched thin, making it harder to get the help you need without extra costs.
Working in Notre-Dame-des-Prairies might also present challenges. Job opportunities could be limited, especially if local businesses are affected by the province’s financial struggles. This can make it harder to find a good job that pays enough to cover your expenses. Additionally, if there are construction or infrastructure projects in the area, they might disrupt daily life and local businesses, making it even harder to manage your finances.
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 Notre-Dame-des-Prairies, 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 | 4,451 |
Living in poverty | Number of residents who are living in poverty | 1,051 |
Debt defaulted | Number of residents who have defaulted on a debt payment | 103 |
Insolvencies | Number of residents who filed for insolvency | 24 |
Consumer proposal | Number of residents who filed for a consumer proposal | 18 |
Personal bankruptcy | Number of residents who filed for personal bankruptcy | 6 |
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
Downtown Notre-Dame-des-Prairies
The bustling heart of the city, this area features a variety of shops, restaurants, and cafes. It hosts regular community events and provides easy access to essential services.Lac des Prairies
A picturesque area surrounding a beautiful lake, perfect for outdoor activities such as boating, fishing, and picnicking. It’s a popular spot for families and offers scenic walking trails.Parc de la Famille
This family-friendly park is designed for recreation, featuring playgrounds, sports facilities, and picnic areas. It’s a hub for community gatherings and local sporting events.Cité de la Santé
A residential neighborhood known for its parks and green spaces, offering a serene environment for families. The area has good access to schools and community amenities.Chemin des Érables
A quaint, tree-lined street that showcases residential charm with beautiful homes. It’s known for its community feel and proximity to local shops, making it a desirable area for families.Milieux de Vie
A vibrant neighborhood focused on community living, offering a mix of modern and traditional homes. The area is known for its active community organizations and local events that foster neighborly connections.

Illustration of Notre-Dame-des-Prairies, Quebec, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Notre-Dame-des-Prairies, 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 Notre-Dame-des-Prairies compared to other cities in Quebec?
- How have property prices in Notre-Dame-des-Prairies changed over the past few years?
- What is the unemployment rate in Notre-Dame-des-Prairies, and how does it impact the local economy?
- What are the common financial challenges faced by residents of Notre-Dame-des-Prairies?
- How does the cost of housing in Notre-Dame-des-Prairies affect residents’ ability to save for retirement?
- Are there any financial assistance programs available for low-income families in Notre-Dame-des-Prairies?
- What is the overall economic outlook for Notre-Dame-des-Prairies in the next 5 to 10 years?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Notre-Dame-des-Prairies is a charming municipality located in the Lanaudière region of Quebec, Canada, known for its beautiful landscapes and community spirit. The area is close to the major city of Joliette and features a mix of residential areas, parks, and recreational facilities, making it a great place for families and outdoor enthusiasts. The city has a rich history tied to agriculture and the development of Quebec’s railway system, contributing to its unique cultural heritage. Community events and local festivals celebrate this heritage, drawing residents and visitors together to enjoy food, music, and arts. Additionally, the region is enriched by its natural surroundings, with rivers and trails offering plenty of opportunities for hiking, biking, and other outdoor activities.
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!