519-646-2222Blog Articles
Bankruptcy is Good
Despite all the stigma, bankruptcy is good for helping you solve debt problems. In fact, bankruptcy is one of the best tools in your arsenal for solving difficult debt problems. It’s cheaper than filing a proposal, it usually doesn’t linger as long on your credit report as a proposal typically will. Another reason bankruptcy is […]
Read moreCredit Card Business
The credit card business is one that everyone wants to be in on, including Apple (the computer guys). Unfortunately, the banks have a virtual monopoly and make it challenging for anyone else to enter the playground. Here’s how the business works, in the simplest terms: Lend someone something that doesn’t exist on terms of repayment […]
Read moreCredit Cards for Bankrupts
Credit is a whole lot easier to get following a bankruptcy or proposal filing than you might expect.
Read moreFake News – Sunshine List
The media seems to be getting more and more lax in its reporting as time goes by. If all Sunshine List members earning less than $152,000 per annum are dropped we get a more meaningful picture.
Read moreProposals to Creditors
Proposals to creditors are more popular than bankruptcies, in fact more than half of all insolvency filings are proposals. But why the surge from behind? Until about five years ago most consumers chose to file bankruptcies over proposals. Several things have happened to bring about the change, recidivism, surplus income, property valuation and trustee fees […]
Read moreBuy a house after bankruptcy
Sure, you can buy a house after bankruptcy. Of course you must be discharged and some conditions may apply.
Read moreSpousal Debts
Quite often people become liable for spousal debts, deliberately and ironically at the same time inadvertently. Sometimes, a spouse may help their partner re-establish credit by co-signing for them on a loan of credit card. At other times the spouses may feel that they can trust each other and should be able to manage the […]
Read moreThe “Friend-Lend”
The friend-lend, lending money to friends or relatives is never advisable – here’s why.
Read moreGovernment Debt Reduction
Many people still mistakenly believe there is no government debt reduction plan available. Contact us for more information: 519-646-2222
Read moreLiving Debt Free
Living debt free is not as easy as it sounds, getting out of debt on the hand is. Call us at 519-646-2222 for your free consultation to learn more about your debt free options.
Read moreChoices
You have choices when the chips are down, learn about your choices and make good decisions.
Read moreSelf Employment
Self employment comes with a mixed bag of rewards and challenges. Make sure you understand both so that you can balance your own best interests.
Read more2019 Debt Outlook
What is your 2019 debt outlook? The CIBC has reported that 48% of Canadian consumers are at risk of defaulting on debt payments and have no plan for debt reduction. The Conference Board of Canada and the IMF are both reporting that consumer debt is a significant risk factor for the Canadian economy. Debt reduction […]
Read moreLow Interest Loans
Things aren’t always the way they seem, especially with low interest loans. The idea of low interest loans is attractive especially to people who are on the threshold of financial collapse. We’ve previously blogged about low interest and how a low interest consolidation (into a mortgage) compares in cost to paying higher interest credit cards. […]
Read moreHappy New Year
To all our clients, families, friends and colleagues we wish you a very Happy New Year and hope you enjoy good health and prosperity. I am reminded of a couple of quotes that seem appropriate for this time of the year. “Forget your past, forgive yourself and begin again right now.” —Osho “When I let […]
Read moreMerry Christmas
Merry Christmas to all our clients, friends, colleagues, associates and respective families. We hope you have a safe an enjoyable holiday season and remember to drive safely and cautiously, especially under extreme weather conditions. Our office will be answering client inquiries throughout the holiday period and will open as usual on December 27th and 28th, […]
Read moreDebt is Debt
At the end of the day debt is debt, we hear people talk about good debt and bad debt but no matter what debt is still debt. A mortgage company is advertising “get out of debt using the equity on your home” – that is not “getting out of debt” that is simply moving debt […]
Read moreDebt Freedom Plan
What is a Debt Freedom Plan: A debt freedom plan is exactly what it sounds like, a plan to help you get, and remain debt free. Get out from under the burden of debt and all that it entails, money worries, family problems, self-esteem problems, depression and stress. Freedom vs. Responsibility: Being free from debt doesn’t […]
Read moreDebt Crisis
You, or someone you know, may be in a debt crisis, or have one pending. The IMF (International Monetary Fund) is warning of another global financial collapse. A debt crisis can be international, national or simply personal, but the impact is always the same – financial hardship. The last big collapse we saw was in […]
Read moreBudget Better
Well that sounds like a plan, let’s all budget better! It’s easy enough to say but challenging to implement. Just think of all the expenses you have that are unnecessary and superfluous – coffee on the way to work, lunches, junk food, booze, cigarettes, gifts, expensive clothing, vacations, home repairs. Your list (of potential savings) […]
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