Saint-Alphonse-de-Granby
Debt Relief & Consumer Proposal
Saint-Alphonse-de-Granby, debt relief, Quebec
Saint-Alphonse-de-Granby, a small Quebec municipality with around 3,341 residents, faces financial challenges due to limited local job opportunities, forcing residents to travel to larger cities for work. This travel increases costs while fewer debt relief resources are available nearby. As the population grows, rising housing costs further complicate financial management and stress for the community.
City: Saint-Alphonse-de-Granby
Province/Territory: Quebec (QC), Canada
Est. Population: 3,341
Financial Challenges
Living in Saint-Alphonse-de-Granby can be tough for people who are having money problems. Since it is a small town, there aren’t many jobs available right nearby. This means many people have to travel to bigger cities to work, which can cost a lot of money for gas and transportation. If someone loses their job or doesn’t have enough hours, it becomes even harder to pay for things like rent, food, and bills. With fewer job opportunities, finding steady income to cover daily expenses can be a big challenge.
Another issue is that there aren’t many local places to get help with money problems. People might need to go to larger cities to find financial advice or debt counseling, which takes time and money. Also, as more people move to the area, the cost of housing might go up, making it harder to afford a good place to live. These factors together make managing money and dealing with financial stress much more difficult for residents of Saint-Alphonse-de-Granby.
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 Saint-Alphonse-de-Granby, 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 | 1,570 |
| Living in poverty | Number of residents who are living in poverty | 371 |
| Debt defaulted | Number of residents who have defaulted on a debt payment | 36 |
| Insolvencies | Number of residents who filed for insolvency | 8 |
| Consumer proposal | Number of residents who filed for a consumer proposal | 6 |
| Personal bankruptcy | Number of residents who filed for personal bankruptcy | 2 |
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
The downtown area of Saint-Alphonse-de-Granby features a mix of commercial and residential spaces, making it a hub for local businesses, cafes, and cultural activities. It’s known for its charming streets and community events.Les Érables
This predominantly residential neighborhood is characterized by its peaceful atmosphere and family-friendly environment. It offers access to local parks and schools, making it a popular choice for families seeking a suburban lifestyle.Le Domaine des Sables
A newer development area, Le Domaine des Sables offers modern homes in a serene setting. Residents enjoy the proximity to nature, with many trails and green spaces, fostering an outdoor lifestyle.Parc Florent
This neighborhood is focused around its namesake park, which features recreational facilities and playgrounds. It attracts families and outdoor enthusiasts who appreciate its community-centric vibe and amenities.Le Village
As the historical heart of Saint-Alphonse-de-Granby, Le Village is known for its quaint streets, historical buildings, and local charm. The neighborhood often hosts various community events and celebrations, maintaining a strong sense of community involvement.
Illustration of Saint-Alphonse-de-Granby, Quebec, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Saint-Alphonse-de-Granby, 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 Saint-Alphonse-de-Granby?
- How has the real estate market changed in Saint-Alphonse-de-Granby in recent years?
- What are the primary sources of employment in Saint-Alphonse-de-Granby?
- How does the average household income in Saint-Alphonse-de-Granby compare to other towns in Quebec?
- Are there any financial assistance programs available for residents of Saint-Alphonse-de-Granby?
- What challenges do residents of Saint-Alphonse-de-Granby face in terms of local taxes and utilities?
- How is the economic outlook for Saint-Alphonse-de-Granby 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
Saint-Alphonse-de-Granby is a small municipality located in Quebec’s La Haute-Yamaska Regional County Municipality, with a population of about 3,341 residents. The community primarily speaks French, as 93% of its inhabitants have French as their mother tongue. Nestled close to the larger Granby area, it benefits from access to regional amenities and services, while maintaining a peaceful rural atmosphere. As part of a region that has seen steady population growth, this location offers residents a unique balance of small-town charm and connectivity to urban resources, making it a desirable place for families and individuals looking for a quiet lifestyle.
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!