About Margaret Johnson

Margaret's philosophy is simple: "Your credit rating is not a reflection of your personal worth, it is merely a credit industry tool." In 1999 after spending 25 years in the financial industry in both lending and collecting, Margaret launched Solutions Credit Counselling Service Inc™ and Women and Money Inc. to help those burdened with debt regain their financial independence. Since then she's helped countless individuals become financially literate in addition to recovering their financial health. Margaret is an Insolvency Counsellor registered by Industry Canada. She is the President of The Canadian Association of Independent Credit Counselling Agencies (CAICCA) Other memberships and activities: Member - Vancouver Insolvency Discussion Group Charter Member - Canadian Insolvency Foundation Member - Association for Financial Counselling and Planning Education Member - Association of Credit and Collection Professionals - ACA International Former Vice President of Credit Professionals International (CPI) Member of the CPI board - 9 years Former Director - Surrey Public Library Volunteer - The Union Gospel Mission Volunteer - The Elizabeth Fry Society Volunteer and Mentor - Dress for Success Vancouver Volunteer - Corrections Canada, Youth Secure Detention Centre Volunteer - HRDC Self Employment Entrepreneurial Development Society Volunteer - Womens Network to Work Program Margaret is a two-time nominee for Entrepreneur of the Year, and a dedicated community leader. Margaret in the Media Margaret is the leading thinker in the field of Independent Canadian credit counselling. As a popular and respected financial speaker, Margaret is regularly sought after by the media to comment on matters of debt and credit as they affect the Canadian consumer. She is the author of many articles on credit counselling, and writes a popular advice column to promote credit education as a part of healthy living. Margaret's columns are featured on the popular Canadian Websites MyTelus.com , Shaw: Finance and Canada Home Guide . Margaret's progressive thinking keeps her in demand for public speaking engagements. She is very proud to have been a presenter at the Chapters of Health national seminar series.

Jeannine Mitchell has created a wonderful new website at Debt101!

Are you one of the 2 million Canadians with student loans? This help-site can save you money and stress. Student loan debt gets complicated – it’s not like other debt.

As a non-profit community service, Debt 101 provides forums, calculators, application forms, student aid and tax rules, links and more, including advice by an award-winning finance writer, as featured in Moneysense, Canadian Business and Macleans. Check out the new site there is something for everyone here. Enjoy!

What it all means

Coming to terms with insolvency is emotionally draining for people and the stress can be overwhelming. Constant calls from creditors/collectors at home and even at work can cause sleepless nights. It can harm relationships and affect a person’s performance at work.The final solution to insolvency, is to apply for protection under the federal Bankruptcy and Insolvency Act, either by filing a proposal or by making an assignment in bankruptcy
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