519-646-2222Blog Articles
Ownership of debt
It’s easy to get confused about who owns your debt, debts get sold and traded and it is even conceivable that you could own your own debt through investments.
Read moreLower Payments
Lower payments are no pancea for managging debt, lower payments usually means extending payments over a longer period of time and paying more interest and service fees.
Read moreTotal Equity Plans
Bankers don’t work for you, they work for banks. At banks “profit” is not a four letter word – bottom lines are very important and securitizing those bottom lines is an integral part of a bankers business.
Read moreLocal, Trusted and Fully Licensed
Southwestern Ontario’s local, trusted and fully licensed insolvency trustee.
Read moreQualifying for a Mortgage
Read this blog for some basic infromation about qualifying for a mortgage, before, during, and after a bankruptcy.
Read moreSettle for less?
Some creditors will settle for less, much less in fact, that they are owed, just to get delinquent accounts off the books.
Read moreProposal or Bankruptcy
Read this Q & A to get some good information about the differences between proposals and bankruptcies.
Read moreCOVID Business Help
Small business owners, struggling to make ends meet, should not just consider the extremes of bankruptcy or more debt as the only options for survival. Think about a Division One Proposal and meet with a local LIT.
Read moreHow We Help
Debt problems come in all shapes and sizes, there is no “one size fits all formula” – your debt problems are as unique as your are. We try to find the right balance for you and your family.
Read moreCERB & Bankruptcy
CERB & Bankruptcy have become strange bedfellows. The CERB fund has directly reduced insolvency filings but could lead to a slight increase in filings in the new year.
Read moreBankruptcy = Opportunity
It’s hard for many people to think in such terms but in fact filing a bankruptcy provides a great new opportunity. Long before we had a bankruptcy regime few people had access to debt (credit) mostly the wealthy loaned money to other wealthy people. There were few written contracts, most people couldn’t read and write […]
Read moreUnderstand the basics
We feel that it is important that you should understand the basics when you are thinking about filing a bankruptcy or a proposal. Here are some basic terms to help you along. People who owe money are called “debtors”, people who cannot pay their bills as the become due or who could not pay their […]
Read moreProposals the # 1 debt solution
Proposals can be as creative as they need to be to help you solve pressing debt problems. Call 519-646-2222 to explore your possibilities.
Read moreI don’t want to go bankrupt
We hear that from almost every person we meet – “I don’t want to go bankrupt”. Let’s face it no one wants to go bankrupt it is not a part of anyone’s life plan: “I’ll get an education, get married, have kids, become involved in my community, buy a house, invest for retirement, go bankrupt” […]
Read moreDebt Check Up
Feeling overwhelmed yet? Debt problems can be a source of frustration and family feuds. Get your free debt check up today. call 519-646-2222
Read moreInsolvency Tsunami
A recent article in a local newspaper described a coming insolvency tsunami – which has been anticipated by some colleagues to commence next year. But in this blog, we provide a counterpoint as to why it probably will not happen. We anticipate the probability of a slight uptick in filing volumes but not a massive […]
Read moreHow’s Biz?
That’s a question that I ask a lot of people in casual conversation – “hey, how’s biz?” the answer usually tells me something about the nature of their business or the seasonality. Lately though it has been a tough question to ask, business owners have trouble reaching for stock answers – “we’re really busy” or […]
Read moreWho can help:
Who can help and how can they help when you are faced with difficult debt problems?
Read moreCERB Overpayments – Insolvency
CERB overpayments are going to be an important topic in the next year for millions of Canadians. The Federal Government’s handling of the CERB benefit has resulted in many people receiving benefits they should not, or ought not, to have had. Our office has heard of several cases of long term ODSP recipients who have […]
Read moreFraud and Bankruptcy
Debts incurred by proven fraud are not dischargeable in a bankrupt. Fortunately, fraud is not simply an allegation away, it must be proven.
Read more