Blog Articles

The Economy – a few thoughts

Why file a proposal or bankruptcy
October 28, 2022

No one doubts the economy is in trouble, prices are go up, debt is at an all time, wages have hardly moved in years, savings are being liquidated, house prices are correcting, and everyone is desperately trying to hang onto what they have.

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Transferring Property – on the eve of insolvency

Transfering property
October 24, 2022

Transferring property on the even of filing an insolvency is something that should be done, if at all, following a consultation with your LIT. Transfers can be overturned or there can be other consequences.

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Community Resources

people jumping at sunrise
October 20, 2022

There comes a time for all of us when we need some help, but which way to turn – we hope this short guide provides useful contact information.

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Follow the Money – why debt is a way of life.

Jars filled with cut up credit cards
October 20, 2022

Follow the moeny they said, but what money? There really isn’t much money in circulation, which is why Canadians are so dependent on credit.

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Changes – for Credit Card Users

Jars with credit cards
October 18, 2022

Changes to credit cards are in the wind, some of the changes are good for consumers some are inhibitive, pick your poison. Overall, the changes seem to favour bank lending over alternative lenders.

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The Bankruptcy & Insolvency Act

open reference book
October 4, 2022

The Bankruptcy & Insolvency Act was written to help Debtors resolve problem debts and get on with living. It was never intended to be punitive or burdensome, in spite of having strict rules and regulations.

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