Blog Articles

Viable Proposal – scenarios

Locke Consulting sign
June 30, 2022

Proposals are not all formula driven, although we see all kinds of advertisements suggesting you will only need to repay 20% of your debts – there is a great deal of variability.

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Recession – is it coming, how will it impact you?

Tom Locke - Insolvency Trustee in London, Ontario
June 28, 2022

Recessions come and go and threats of recession occur with a much higher frequency than actual recessions.

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Bankruptcy – things that increase the costs

Tom Locke - Insolvency Trustee in London, Ontario
June 20, 2022

The costs and consequences of filing bankruptcy have changed and with those changes fewer people are filing bankruptcy as a means to solve debt problems.

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How to Avoid Bankrupt – some strategies to consider.

Tom Locke - Insolvency Trustee in London, Ontario
June 10, 2022

While bankruptcy is not the only option we offer people struggling with debt, it is understandably the option that people want to avoid the most.

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Wealth and Savings – where did it all go:

Tom Locke, Licensed Insolvency Trustee
June 9, 2022

The media has been rife with stories about Canadian wealth accumulation, how much of the hyperbole is just smoke and mirrors? You may feel well off because your house is worth twice as much as you paid for it – but let’s talk after you’ve sold it!

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