519-646-2222Blog Articles
Debt Consultants
Don’t bring out the clowns when you need serious help with problem debt – get professional help.
Read moreBorrow Your Way Out Of Debt
You cannot borrow your way out of debt. Trying to do so is a useless strategy that will get you into far more debt than you had to begin with.
Read moreCreative proposals
“The list goes on and can be tailored to your specific situation or circumstances – traditional proposals are straight line payments such as $200 per month for sixty (60) months, but there are other possibilities.”
Read moreExempt Property
This is not intended to be legal advice but rather a discussion of interpretation of the Execution Act. Speak to your Licensed Insolvency Trustee about his or her interpretation.
Read moreSpotting Fake News
Spotting fake news can be a real challenge for all but the suspicious and conspiracy minded among us. But it is important to check and back check information being fed through news streams in order to remain well informed. Just because you like the sound of it or it makes you feel warm and fuzzy doesn’t mean it’s true.
Read moreThe real cost of debt
The real cost of debt goes beyond the interest rate and monthly payments and for many people affects their performance in almost every facet of their life.
Read moreNew Car
Cars, cars, cars, Canadians love their cars – new cars used cars, beater cars, winter cars, summers cars, sports cars, have we got a car for you!
Read moreFinancial Literacy
Many professionals who work in the financial industry are functionally financially illiterate, only comprehending a specific area of expertise. Consumer finances have become extremely complicated in recent decades.
Read moreEasy Credit
Easy credit has tremendous appeal to the broke, broken and downtrodden, but at what cost?
Read moreHouses in Bankruptcy
Real property values have seen explosive growth in some markets in recent years. Requiring trustees to review the assessed values prior to discharge. To avoid surprises many debtors are filing proposals.
Read moreBudgets and budgeting
Budgets and budgeting are intrinsically associated with filing an insolvency proceeding. Canadians, generally, are not very good at budgeting, but poorer people are better than wealthier people.
Read moreInheritances in bankruptcy
What would happen if you came into an inheritance after you filed for bankruptcy?
Read moreInsurance policies
Insurance is something that we tend to buy in a reactive manner, without adequate planning. Insurance can be expensive and, even though purchased with premiums paid over a long term, coverage may be denied.
Read moreRESPs in bankruptcy
If you are contemplating a bankruptcy you need to know what happens to your assets, including RESPs.
Read moreDid you know
Did you know there are many aspects about our economy that are not discussed, especially related to debt?
Read moreMinimum Payment Changes
More rules and regulations are required to cool off rising debt trends in Canada. The new Quebec are a great first step, hopefully leading to a nationwide policy change.
Read moreLatest credit card numbers
The latest credit card numbers are finally out from the Canadian Bankers Association on how Canadian use credit cards. You can follow the link to see for yourself but here’s the highlights and some considerations.
Read moreCredit Repair Scheme
It’s difficult to trust anyone these days, it seems that everyone is picking your pockets. Beware of credit rebuilding scams, if they sound to good to be true, they probably are.
Read moreHow to find us
When you need help dealing with your debt problems – it’s good to know where to find your local Licensed Insolvency Trustee.
Read moreBIA Counselling
The Bankruptcy & Insolvency Act, has accompanying Rules and Directives, issued by the Courts and the Office of the Superintendent of Bankruptcy. There is a Directive on counselling requiring that people who file for a bankruptcy or a proposal attend at two counselling sessions, geared towards money management and understanding credit. But just how useful are these sessions?
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