Sainte-Anne-des-Monts
Debt Relief & Settlement Solutions
Sainte-Anne-des-Monts, debt relief, Quebec
Sainte-Anne-des-Monts, a picturesque town in Quebec’s Gaspésie region, is renowned for its natural beauty and outdoor activities. However, residents face financial challenges due to seasonal tourism jobs and high housing costs. Efforts to improve affordability and job stability include new housing units and business development, yet many locals still struggle with debt relief and securing steady employment.
City: Sainte-Anne-des-Monts
Province/Territory: Quebec (QC), Canada
Est. Population: 6,933
Financial Challenges
Living and working in Sainte-Anne-des-Monts can be hard for people who are having money problems. Many jobs in the area depend on tourism, which only happens during certain seasons. This means that sometimes there aren’t enough jobs, and income can be unstable. Also, there aren’t enough affordable homes, making rent and buying a house very expensive for families.
To help with these issues, the government is building new affordable housing units to make living costs easier. They are also trying to bring in new businesses and improve tourism to create more steady jobs. However, because there are still not enough workers and many people are getting older, finding a good job can still be difficult. This ongoing challenge makes it tough for those who are already struggling with money to stay financially secure.
Debt Relief Solutions Available
Financial Planning
You are creating a detailed plan to manage your finances, including budgeting, setting financial goals, and saving for future needs. It's about gaining control over your money, making informed decisions, and reducing the likelihood of new debt.
Find out more about Financial PlanningDebt Management Plan
Pay off your debt through consolidated payments and sometimes lower interest rates. In a Debt Management Plan (DMP), a credit counselor works with creditors to negotiate terms that make your debt more manageable, resulting in a single monthly payment.
Find out more about Debt ManagementDebt Consolidation
Combine multiple debts, such as credit card balances and personal loans, into a single loan with a lower interest rate. This can simplify your payment process and reduce the total interest charges over time, making it easier to pay down your debt.
Find out more about Debt ConsolidationDebt Settlement
Negotiate with your creditors to reduce the amount you owe in exchange for a reduced lump-sum payment. Creditors are willing to write off the debt because they receive immediate payment. Typically, these negotiations are handled by debt settlement companies.
Find out more about Debt SettlementConsumer Proposal
A consumer proposal is a legally binding agreement between you and your creditors to repay a portion of your debt over an extended period. Administered by an LIT, the proposal will outline a fixed monthly payment plan you can afford.
Find out more about Consumer ProposalsBankruptcy
Personal bankruptcy is a legal process that relieves individuals who cannot repay their debts. It involves erasing most of your unsecured debts and giving you a fresh financial start, but it also has a long-term impact on your credit rating.
Find out more about Bankruptcy
*Illustration of Sainte-Anne-des-Monts, 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 | 3,259 |
| Living in poverty | Number of residents who are living in poverty | 770 |
| Debt defaulted | Number of residents who have defaulted on a debt payment | 76 |
| Insolvencies | Number of residents who filed for insolvency | 17 |
| Consumer proposal | Number of residents who filed for a consumer proposal | 13 |
| Personal bankruptcy | Number of residents who filed for personal bankruptcy | 4 |
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 Sainte-Anne-des-Monts is the vibrant heart of the community, featuring a mix of local shops, restaurants, and cafés. It serves as a central hub for residents and visitors alike.Parc national de la Gaspésie
Located nearby, this expansive national park offers breathtaking natural scenery, hiking trails, and outdoor activities. It attracts nature enthusiasts and serves as a picturesque spot for weekend getaways.Plage de Sainte-Anne
This charming beach area along the St. Lawrence River provides recreational opportunities and stunning views. It’s a popular destination for swimming, picnicking, and enjoying the coastal ambiance.Quartier historique
This historical district showcases the rich heritage of Sainte-Anne-des-Monts, featuring old buildings and landmarks that reflect the town’s history and culture. It’s a great area for walking tours and exploring local architecture.Avenue de la Mer
This scenic street runs along the coast and offers beautiful views of the river. It is lined with waterfront properties, making it a desirable area for both residents and tourists seeking a coastal ambiance.
Illustration of Sainte-Anne-des-Monts, Quebec, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Sainte-Anne-des-Monts, 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 Sainte-Anne-des-Monts compared to other towns in Quebec?
- How does the job market in Sainte-Anne-des-Monts affect residents’ financial stability?
- What are the typical housing prices and rental costs in Sainte-Anne-des-Monts?
- Are there any financial assistance programs available for residents in Sainte-Anne-des-Monts?
- How has the economic outlook for Sainte-Anne-des-Monts changed in recent years?
- What are common financial challenges faced by residents in Sainte-Anne-des-Monts?
- How do local businesses contribute to the overall economy and financial health of Sainte-Anne-des-Monts?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Located in the Gaspésie region of Quebec, this small town is known for its stunning natural beauty and outdoor activities. Nestled between the mountains and the Saint Lawrence River, the area offers opportunities for hiking, fishing, and skiing, making it a great spot for nature lovers and adventure seekers. The town also features several attractions, including a marine discovery center and a range of local festivals celebrating the region’s culture and heritage. With its unique charm and proximity to beautiful landscapes, it is a popular destination for tourists looking to explore the Canadian wilderness.
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!