519-646-2222Blog Articles
What happens when it’s over?
That is an intriguing question, what will happen when it’s over? The CERB has been running for a year and a half – projected to end in September 2021, but what will happen then? Will the $2,000 per month benefit be replaced with UBI (Universal Basic Income)? Really that is just shifting the name of […]
Read moreImprove Your Credit
Are you concerned about your credit score? There are some simple steps you can take to review and improve your credit standing.
Read moreHolding Proposals
Holding proposals are an interesting way of solving immediate debt problems when you don’t have either cash flow or a stash of cash.
Read moreCERB Overpayments – solution
CERB overpayments can be discharged in a bankruptcy or a proposal. For most people who received the overpayment there are very few other options available.
Read moreGovernment Debts
Did you know, you can get out from under the burden of goverment debt by filing a proposal or a bankruptcy? Call for more details 519-646-2222
Read moreDIY Debt Reset
If you are going to go it alone with resetting your debt, here are a few important considerations.
Read moreBankruptcy Lawyers
Many people think they need a bankruptcy lawyer either to file for bankruptcy or to guide them through the process. In the USA, the insolvency regime is very similar to Canada’s, but it still has differences, the biggest difference is that in Canada the Insolvency process is administered by Insolvency Trustees who are licensed by […]
Read moreMortgage Penalties
There are all sorts of penalties associated with mortgage defaults, most are legal, some are not.
Read moreChange Your Bank Accountant
There are many good reasons not to bank where you owe money – your banker would not agree, but the issue is one of who controls your money.
Read moreBuying a Home
Bad credit, no credit roll up, roll up, get your house today… Seems that way until you start getting into the details – and you find that your credit report is holding you back – we can help.
Read moreI owe CERB – what can I do?
Admidst rife speculation is emerging a new reality about the re-shaping of our economy. Like it or not, things are changing globably and it will not be good for the majority of people.
Read moreCanadian Wealth – Imaginary Assets
What is your net worth? Add up the value of everything you own and deduct the cost of selling it and repaying all of your debts – what’s left, that is your net worth.
Read moreCERB – Overpayments
Update on the CERB Overpayments – the CRA has clarified that the eigible income from last year is $5,000 NET and not $5,000 GROSS. If you pitched a claoim based on a $5,000 gross income value you were not entitled to the benefit.
Read moreProblems with CERB
The CERB fiasco will haunt the government for almost as long as the lockdown itself. Next April the income tax implications will be felt by millions of Canadians as few have set aside money to pay the taxes. At the end of the day over a million people will be required to make repayments. Grab the popcorn, this story isn’t over yet.
Read moreBuild Back Better
The economy did not break itself, and it will not just fix itself, anymore than the budget can simply balance itself. It will take work to make up for lost opportunities, and income – but we can build back better, if we apply common sense to the way we spend and handle our financial responsibilities.
Read moreDoes my spouse have to file too?
Sometimes it makes a lot of sense to do things together with your spouse – sometimes it doesn’t. When it comes to filing a bankruptcy or a proposal it can be either beneficial or harmful to make a joint filing. Talk to your local Licensed Insolvency Trustee to find out what is best for your and your family. 519-646-2222
Read moreCan I keep my Car?
Many folks have the wrong impression about bankruptcy – it isn’t all about seizing and selling all of your belongings. It is important to keep the neccessaries of life in order to remain a productive member of society. Excesses may be treated differently – call us for more details 519-646-2222
Read moreDemasiada deuda
Too Much Debt
How do you know when you have too much debt? Is there a threshold value?
Read moreCEBA Loan Terms – DECODED
The CEBA Loans are very misunderstood. Even sophisticated business people are under the impression that they can borrow the money – defer payments until Decmber 2022 then claim back a bonus of $10,000 in forgiveness.
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