Blog Articles

• Something to Think About

Credit cards are the meat and potatoes of the insolvency industry, if they did not proliferate our economy LITs would have far less work. Read on for a discussion of the pros and cons of credit cards.

• Consumer Proposals

Proposals can be renegotiated after they have been filed and approved by creditors. If your situation has deteriorated or you have a significant, financial, material change talk to your LIT about convening a meeting of creditors to review the possibility of amending your original proposal.

• Current Events

CERB and CEBA collections are underway, still, if you are getting collection letters we can help.

• Consumer Proposals

Welcome to the Debt Pool – welcome to Canada. Canadian banks have their “newcomer programmes” where they provide free banking and $5,000 credit cards, without credit checks or income verification to new imigrants. Once they have you trapped in the debt pool they expect you to tread water for ever.

• Consumer Proposals

Get to know the differences between a Debt Management Programme and Consumer Proposal and which is best for you and your family.

• Something to Think About

Whether or not you have filed an insolvency proceeding you may find some useful tips, in this blog, to help you manage your credit ratting.

• Bankruptcies

Bankruptcy is great for providing protection from actions by creditors, eliminating debt and creating a fresh start.

• Consumer Proposals

How to file a proposal – it’s probably much easier than you might expect. The process always starts with a free initial consultation.

• Something to Think About

Amazon is a very easy place to spend money, it contributes some jobs to the local economy, but little else, it also dehumanizes and commoditizes us all, taking away the pleasure of human contact when searching for the perfect gift, etc.

• Consumer Proposals

We can help you experience the power of a proposal to your creditors we help you every step of the way from the initial negotiations through to the final payment.

• Consumer Proposals

Podemos ayudarlo a experimentar el poder de una propuesta a sus acreedores, lo ayudamos en cada paso del camino desde las negociaciones iniciales hasta el pago final.

• Something to Think About

Our current mortgage crisis presents viable options for the Government to reregulate banks in a way that will benefit consumers – but will they do the right thing or return to business as usual?

• Bankruptcies
• Consumer Proposals

Rates are still increasing and so are prices, and taxes. Many folks are in a financial survival mode right now. We have a few strategies to help you keep your house.

• Consumer Proposals

Let us help you formulate a Proposal offering to your creditor – to reduce your payments to one affordable amount. 519-646-2222

• Something to Think About

Interest rates, depending who you listen to, are likely to continue to rise before settling back to historical averages.

• Consumer Proposals

Call us, we can help you to budget better, we can help you to find a solution to problem debts, we can get onto an affordable monthly payment plan that will help you get out of debt.  Bankruptcy is not your only option, a Proposal to creditors is Canada’s #1 debt solution. You can call […]

• Insolvency News

A recent, 2016, Court case is one of the main driving forces behind the decision to file Proposals rather than Bankruptcies.

• Tips for Money Management

Budgeting can be used to help you plan a strategy to deal with problem debts. It is important that your budget is a fluid, fluxuating tool that helps predict future spending events.

• Insolvency News

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.

• Something to Think About

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.