Blog Articles

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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Don’t sweat the debt

ThreeBest trophy
September 27, 2022

Don’t sweat the debt, you do have options, the longer you wait to address debt problems the less options there may be – call today for your free consultation 519-646-2222

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Tipping – how do you feel about it?

Jars filled with cut up credit cards
September 21, 2022

Tipping is a controversial topic for many folks. One might wonder “did I tip enough?” – if that is you, perhaps it’s time to think about tipping more thoroughly, after all it’s your money.

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Living on Debt

Tom Locke - Insolvency Trustee in London, Ontario
September 20, 2022

Living on debt has become a reality as a result of economic blunders by banks and government. With over 80,000,000 bank issued credit cards in circulation someting is clearly wrong.

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Renegotiate, Reduce, and Renew your Debt

people jumping at sunrise
September 12, 2022

Renegotiate, Reduce and Renew your Debt – stay in control of your paycheque before things get out of hand.

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Going Up Again – interest rates that is

Jars filled with cut up credit cards
September 8, 2022

With rate increases going up again housing affordability start to creep upwards. House prices will undoubtedly decrease leaving zombie mortgages floating around.

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How are you doing?

Jars filled with cut up credit cards
August 31, 2022

How are you doing? Are you stressed? Worried about the eocnomy? Are you and your spouse arguing about money? We can help – 519-646-2222

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Scams – that can cost you money

Tom Locke - Insolvency Trustee in London, Ontario
August 25, 2022

Scams can be very clever and convincing, most have some tell tale signs they may not be all they are cracked up to be. Scams can cost victims a lot of money and embarrassment.

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Mortgages

Drawing of house
August 24, 2022

Mortgages are investments for mortgagees (lenders) they can be a curse for mortgagors (borrowers). Some mortgages are simply highly charged emotional debt traps for consumers. After all, if your car were heavily leveraged you might sell it and walk for a while, but selling your house means you have nowhere to live.

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Small Business Solutions

people jumping at sunset
August 23, 2022

Many small businesses suffered greatly during the last three years – now it’s time to dig out of the debt and improve cash flow.

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Your Proposal Approved

Approved
August 18, 2022

Call today to book your free consultation 519-646-2222. Get your proposal approved

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Reduce Debt by 85%

Tom Locke - Insolvency Trustee in London, Ontario
August 16, 2022

Consumer Proposals are a great way to reduce the face value of your debt. It is possible to save 85% or more off the total amount of your debt.

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Fix My Debt

Jars with credit cards
August 15, 2022

Why fixmydebt? How did we get the url, fixmydebt.ca, and what it means to us.

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Debt Trap – exaggerates inflation

Tom Locke - Insolvency Trustee in London, Ontario
August 9, 2022

Many Canadians are living in a debt trap, Candians of all ages and income levels are impacted by the enorrmity of consumer debt – we have a solution.

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Hold On – fasten your seat belts

Tom Locke - Insolvency Trustee in London, Ontario
August 5, 2022

Brace yourselves, the worst is surely yet to come. House porices dropping, pensions disappearing, credit use is at an all time high.

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Poverty

Locke Consulting Logo
August 2, 2022

“Poverty is the same thing the world over – it sucks” – Jim Kelly (quoted from the movie “Enter the Dragon”)

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Insolvency Recidivism – what causes it?

Tom Locke - Insolvency Trustee in London, Ontario
July 26, 2022

Insolvency recidivism has increased steadily over the years but it has not increased at the same pace as the volume of debt.

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