Blog Articles

• Insolvency News

You can arrange to settle your debts yourself, using our DIY Debt Settlement process.  The steps are quite simple, but it is important to understand that creditors are not simply going to give up on collection activities if they still have options. If your creditors have reason to believe that they may still collect the […]

• Insolvency News

There are options before and after filing for bankruptcy.  Bankruptcy options include the filing of a proposal before filing a bankruptcy, if successful a bankruptcy may not be necessary.  A bankrupt individual can also file a proposal to get out of a bankruptcy if their situation improves.  People who already have one or more bankruptcies […]

• Insolvency News

Bankruptcy discharges are the final release of the bankrupt from their obligations to their creditors.  Most bankrupts do get discharged after they have completed the duties that are prescribed under the Bankruptcy & Insolvency Act.  There are four types of discharge from bankruptcy as indicated below with an explanation: Automatic Discharge. An automatic discharge is […]

• Tips for Money Management

The stakes have changed in the world of mortgages, qualifying rules are more challenging, and an increasing number of consumers are being forced to apply for second tier and non-conventional mortgages.  Non-conventional mortgages can be very risky propositions for borrowers.  Shady characters can be found in every profession, some play very close to the line […]

• Tips for Money Management

After being declined by an institutional lender, you might ask yourself. “are there any such things as private mortgage regulations?” – the answer is “yes, well sort of”.  Private mortgages must comply with certain federal legislation such as the Interest Act and provincial statutes such as the Mortgages Act and the Mortgage Brokers, Lenders and […]

• Tips for Money Management

You can leave debt behind, and you really should leave debt behind… After you have filed a proposal or bankruptcy and become debt free it is a good idea to rebuild you credit rating and we can help you with that. But it is still a good idea to leave debt behind, way behind. Life […]