Riviere-Rouge

Expert Debt Relief & Consumer Proposal Help

Riviere-Rouge, debt relief, Quebec

Rivière-Rouge, a small town in Quebec’s Laurentides region, is known for its scenic beauty and outdoor activities. However, it faces significant economic challenges, with lower average incomes and higher unemployment rates, making it difficult for residents to manage bills. Limited financial services and job scarcity can lead to increased reliance on credit, resulting in greater debt and financial stress among the population, highlighting the need for effective debt relief solutions.

City: Riviere-Rouge
Province/Territory: Quebec (QC), Canada
Est. Population: 4,645

Financial Challenges

Many people in Rivière-Rouge have trouble because the average income is lower than in other parts of Canada. Finding jobs can be hard since there aren’t as many available, and some work only part-time or during certain seasons like summer. This means that people might not always have enough money to cover their bills every month. With higher unemployment rates, more people might be struggling to find steady work, making it difficult to save money or afford things they need.

Additionally, because Rivière-Rouge is a smaller community, there are fewer banks and financial services available. This can make it harder for people to get loans or help managing their debts. Housing might also be a challenge if more people move to the area but there aren’t enough jobs to go around. When incomes are low and jobs are scarce, families might have to rely more on credit, leading to bigger debts and more financial stress.

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.

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Debt 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.

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Debt 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 Consolidation

Debt 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.

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Consumer 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 Proposals

Bankruptcy

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


Riviere-Rouge scenic view highlighting community resources for debt relief support.

*Illustration of Riviere-Rouge, Quebec

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 paycheck2,183
Living in povertyNumber of residents who are living in poverty516
Debt defaultedNumber of residents who have defaulted on a debt payment51
InsolvenciesNumber of residents who filed for insolvency12
Consumer proposalNumber of residents who filed for a consumer proposal9
Personal bankruptcyNumber of residents who filed for personal bankruptcy3

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

  • Centre-ville
    The downtown area of Rivière-Rouge, Centre-ville features a mix of local shops, restaurants, and cultural attractions. It serves as the commercial hub of the town, offering easy access to amenities and community events.

  • Lac de la Cabane
    This picturesque neighborhood is known for its beautiful views and proximity to nature. It features access to the lake, perfect for recreational activities like swimming, fishing, and hiking. The serene environment attracts those seeking a peaceful lifestyle.

  • Chutes du Diable
    Renowned for its stunning natural beauty, the Chutes du Diable area is home to picturesque waterfalls and lush forests. It is a popular destination for outdoor enthusiasts and nature lovers, with various hiking trails and picnic spots.

  • Village de Montagne
    Located just outside of the town center, this neighborhood is known for its charming mountain views and outdoor recreational opportunities. It hosts a variety of cabins and chalets, appealing to those looking for a getaway close to nature.

  • Parc linéaire le P’tit Train du Nord
    This neighborhood features a long bike and walking path that runs through the area, making it a popular choice for cycling and outdoor activities. It connects several communities and offers stunning views of the surrounding landscape.

  • Les Cerfs
    A residential neighborhood that offers a family-friendly environment. It is characterized by its spacious lots and proximity to local schools and parks, making it ideal for families looking for a quiet place to settle.

  • Côte Nord
    This area boasts stunning views of the river and is known for its beautiful homes and luxurious properties. It is a favored area for those seeking a higher-end lifestyle while being close to natural beauty.

Riviere-Rouge scenic view highlighting community resources for debt relief support. Debt solutions available.

Illustration of Riviere-Rouge, Quebec, Canada

Cost of Living

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

ItemDescriptionAverage 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 PriceAverage price to purchase a home$502,000
UtilitiesMonthly 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

  1. What is the average cost of living in Riviere-Rouge compared to other cities in Quebec?
  2. How do housing prices in Riviere-Rouge affect residents’ financial stability?
  3. What employment opportunities are available in Riviere-Rouge, and how do they impact the local economy?
  4. What are the average incomes of residents in Riviere-Rouge, and how do they align with the cost of living?
  5. What financial assistance programs are available for low-income families in Riviere-Rouge?
  6. How is the economic outlook for Riviere-Rouge in the next few years, and what factors are influencing it?
  7. What are common financial challenges faced by residents in Riviere-Rouge?

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

Overview

Located in the Laurentides region of Quebec, this small town is known for its stunning natural scenery, featuring lakes, rivers, and forests that attract outdoor enthusiasts year-round. With a population of around 4,600, it offers a peaceful lifestyle where outdoor activities like hiking, skiing, and fishing are popular among residents and visitors alike. The area also hosts various cultural events and festivals that celebrate local traditions and arts, making it a charming community for those who enjoy a blend of nature and culture. The rich natural resources in the region support recreational tourism, agriculture, and small businesses, contributing to the town’s character and appeal.



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!

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