Otterburn Park
Consumer Proposal & Bankruptcy Relief Pros
Otterburn Park, debt relief, Quebec
Otterburn Park, Quebec, is a small town known for its natural beauty and community spirit, facing challenges related to debt relief. With a population of around 8,600, many residents struggle financially due to limited job opportunities and high costs for local bilingual services. The need for healthcare and support for community facilities adds pressure, making it tough for those with financial difficulties to thrive.
City: Otterburn Park
Province/Territory: Quebec (QC), Canada
Est. Population: 8,479
Financial Challenges
Living and working in Otterburn Park can be hard for people who are struggling with money. Many community places, like the local curling club, need a lot of money to keep running. These places depend on donations and fundraising, and when people don’t have much extra money, it becomes difficult to support these important parts of the community. Additionally, because many residents are older, there is a greater need for healthcare and housing help, which can be expensive and put more pressure on local services.
Another challenge is that Otterburn Park tries to offer services in both French and English, which can cost more money. This is tough for people who are already having financial problems because it means higher taxes or fees to pay for these bilingual services. Also, the town doesn’t have many big businesses, so there are fewer jobs available, making it harder for people to earn enough money to live comfortably. All of these factors make it difficult for those who are facing money problems to live and work in Otterburn Park.
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 Otterburn Park, 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 | 3,985 |
Living in poverty | Number of residents who are living in poverty | 941 |
Debt defaulted | Number of residents who have defaulted on a debt payment | 92 |
Insolvencies | Number of residents who filed for insolvency | 21 |
Consumer proposal | Number of residents who filed for a consumer proposal | 16 |
Personal bankruptcy | Number of residents who filed for personal bankruptcy | 5 |
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
Lac des Érables
A picturesque lakeside neighborhood known for its serene environment and recreational activities. Residents enjoy easy access to the water, parks, and trails, making it ideal for outdoor enthusiasts and families.Rue des Écoles
This area is home to some of the community’s schooling options, including elementary schools. It features a blend of residential homes and local amenities, making it a convenient area for families with children.Centre-ville d’Otterburn Park
The downtown area is vibrant with local shops, cafes, and essential services. It serves as a social hub for residents and hosts various community events throughout the year, enhancing the sense of community.Chemin de la Rivière
Known for its scenic views along the river, this neighborhood features spacious homes and quiet streets. It is perfect for those looking for a peaceful retreat while still being close to the amenities of the town.Réserve Naturelle du Marais
A natural reserve that attracts nature lovers and hikers. The area offers walking trails and birdwatching opportunities, promoting an active lifestyle while fostering a connection to nature.Avenue de la Paix
A calm and inviting residential area, often praised for its family-friendly atmosphere. It is characterized by well-kept properties and a strong sense of community, making it popular among long-term residents.

Illustration of Otterburn Park, Quebec, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Otterburn Park, 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 Otterburn Park, Quebec?
- How has the real estate market trended in Otterburn Park recently?
- What are the typical property tax rates in Otterburn Park?
- Are there any financial assistance programs available for residents of Otterburn Park?
- What is the unemployment rate in Otterburn Park, and how does it compare to the provincial average?
- How do utility costs in Otterburn Park impact overall household expenses?
- What economic sectors are predominant in Otterburn Park, and how do they affect local employment opportunities?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Located in Quebec, this small town offers a blend of natural beauty and community spirit. With a population of around 8,600, it features picturesque landscapes and is known for its commitment to bilingual services, which preserves its cultural heritage. The area is characterized by outdoor recreational activities, appealing to nature enthusiasts and families alike. The strong sense of community is evident in local events and initiatives aimed at enhancing the town’s social and cultural fabric, making it a welcoming place for residents and visitors.
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!