Saint-Mathias-sur-Richelieu

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Saint-Mathias-sur-Richelieu, debt relief, Quebec

Saint-Mathias-sur-Richelieu, a picturesque Quebec municipality, faces debt relief challenges for its 4,500 residents. Primarily French-speaking, locals may struggle with job availability and expenses due to a small job market. Many live alone, increasing financial burdens. The area’s charm and outdoor activities contrast with the economic difficulties for those dealing with money problems, making it tough to achieve financial stability.

City: Saint-Mathias-sur-Richelieu
Province/Territory: Quebec (QC), Canada
Est. Population: 4,544

Financial Challenges

Living and working in Saint-Mathias-sur-Richelieu can be tough for people who are having money problems. Most residents speak only French, which might make it harder to find jobs in places where English is needed. Also, many people live alone, so they have to pay for things like rent and bills by themselves, which can be expensive.

Another challenge is that the town is small, so there might not be as many job opportunities nearby. This means people might have to travel to bigger cities for work, which adds transportation costs. With fewer local jobs and higher living expenses, it can be difficult for someone struggling with money to make ends meet in Saint-Mathias-sur-Richelieu.

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.

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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


image of debt relief services in Saint-Mathias-sur-Richelieu for financial support and assistance.

*Illustration of Saint-Mathias-sur-Richelieu, 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 paycheck2,136
Living in povertyNumber of residents who are living in poverty504
Debt defaultedNumber of residents who have defaulted on a debt payment50
InsolvenciesNumber of residents who filed for insolvency11
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 Saint-Mathias-sur-Richelieu features a mix of local shops, restaurants, and community spaces. It’s known for its vibrant atmosphere, making it a popular spot for residents and visitors alike.

  • Le Vieux Saint-Mathias: This historic neighborhood is characterized by its charming architecture and quaint streets. It offers a glimpse into the town’s heritage and is home to some of the oldest buildings in the area.

  • Les Jardins de la Rivière: A peaceful residential area located near the Richelieu River, this neighborhood is known for its scenic views and green spaces, making it ideal for families and outdoor enthusiasts.

  • Secteur de la Montée de l’Église: This area is notable for its proximity to the local church and community centers. It has a strong sense of community and hosts various local events throughout the year.

  • Quartier du Parc: As the name suggests, this neighborhood is centered around a local park that offers recreational facilities and walking paths. It is popular among families and individuals looking for outdoor activities.

  • Les Terrasses: This modern neighborhood features contemporary housing developments and promotes a suburban lifestyle with easy access to amenities and services. It’s well-liked by young professionals and families.

  • Rives de la Richelieu: A picturesque area along the river, ideal for those who appreciate waterfront living. It offers recreational opportunities such as boating and fishing, and is known for its beautiful views.

  • Parc des Moulins: This local area is recognized for its expansive park and gardens, which provide leisure spaces for picnics, outdoor sports, and community gatherings, fostering a strong neighborhood spirit.

image of debt relief services in Saint-Mathias-sur-Richelieu for financial support and assistance. Debt solutions available.

Illustration of Saint-Mathias-sur-Richelieu, Quebec, Canada

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in Saint-Mathias-sur-Richelieu, 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 cost of living in Saint-Mathias-sur-Richelieu compared to other cities in Quebec?
  2. What are the average housing prices in Saint-Mathias-sur-Richelieu?
  3. How does the job market look in Saint-Mathias-sur-Richelieu for new residents?
  4. What types of financial assistance programs are available for residents of Saint-Mathias-sur-Richelieu?
  5. What are the key economic drivers for the community of Saint-Mathias-sur-Richelieu?
  6. How do utility costs in Saint-Mathias-sur-Richelieu affect residents’ monthly budgets?
  7. What are the common financial challenges faced by residents of Saint-Mathias-sur-Richelieu?

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

Overview

Located in Quebec, this municipality sits along the Richelieu River and is characterized by its beautiful natural scenery and historical charm. With a population of approximately 4,500 residents, the community is known for its friendly atmosphere and family-oriented environment. Most of the locals speak French, which reflects the region’s cultural heritage. The area features various outdoor recreational activities, especially along the river, making it an attractive spot for nature lovers and families. Additionally, the proximity to larger cities offers residents access to various amenities and services, contributing to a balanced 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!

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