Blog Articles
Why not be a Licensed Insolvency Trustee?
The economy has been faltering for over a decade, lost jobs, unions broken up, plants shutting down and moving out of country, cost of living and taxation outgrowing incomes. Why not be a Licensed Insolvency Trustee? After all Trustees must be busy in this economic environment, right? It is easy to underestimate the hard work […]
Read moreChoosing the best trustee
These days when people have financial problems they often shop around for the best trustee to help them out. But what are the considerations in choosing the best trustee, and why? Personally, I prefer using local companies to help me out with both goods and services. Some trustee’s have better, slicker, flashier advertisements than others. […]
Read moreCorporate Bankruptcy
Corporate bankruptcy proceedings can be very alarming for people involved. They usually entail job losses, loss of revenue for shareholders, losses to customers and suppliers as well as other service providers including those in the professional service industry. When large corporations file for bankruptcy they often get a lot of media coverage, for example Sear […]
Read moreNon-Bankruptcy solutions
We have non-bankruptcy solutions for your debt problems. The most common of these is a consumer proposal. A consumer proposal is a statutory option that can be a great fit for some folks – check through previous blogs for more details. Aside from a proposal there are other options available – the most important of […]
Read moreControl Your Spending
Sounds easy enough doesn’t it? If only you simply control your spending you’d doubtless be somewhat better off than you are. I speak to a range of people about debt and money management from the ultra conservative to the lackadaisical. The conservatives can be very critical of lifestyle – “they really don’t need a smart […]
Read moreAnother CRA Hoax
Sadly, there is another CRA hoax going around – please read below – if this message shows up in your email delete it, do not respond to it and do not follow any links. It is NOT from the CRA. “Canada Revenue Agency After the final 2017 annual calculations of your fiscal activity we have […]
Read moreImprove my credit rating
How can I improve my credit rating? That is a question we are often asked by people who recently dealt with their debts through a proposal or bankruptcy filing. Credit ratings are generated based on a variety of information reported by members of the credit reporting agencies. If I want to improve my credit rating […]
Read moreCo-Signing debts
Co-signing debts can be very problematic for the co-signer. Usually a debt is co-signed with the best of intentions most often for a family member. It is common to co-sign for a spouse or a child and sometimes people will also co-sign for friends. Everything is good if the borrower is living up to his/her […]
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