111 Waterloo Street, Suite 310
DIY Debt Settlement
You can arrange to settle your debts yourself, using our DIY Debt Settlement process. The steps are quite simple, but it is important to understand that creditors are not simply going to give up on collection activities if they still have options. If your creditors have reason to believe that they may still collect the […]
Bankruptcy Options
There are options before and after filing for bankruptcy. Bankruptcy options include the filing of a proposal before filing a bankruptcy, if successful a bankruptcy may not be necessary. A bankrupt individual can also file a proposal to get out of a bankruptcy if their situation improves. People who already have one or more bankruptcies […]
Bankruptcy Discharges
Bankruptcy discharges are the final release of the bankrupt from their obligations to their creditors. Most bankrupts do get discharged after they have completed the duties that are prescribed under the Bankruptcy & Insolvency Act. There are four types of discharge from bankruptcy as indicated below with an explanation: Automatic Discharge. An automatic discharge is […]
Challenging Mortgages
The stakes have changed in the world of mortgages, qualifying rules are more challenging, and an increasing number of consumers are being forced to apply for second tier and non-conventional mortgages. Non-conventional mortgages can be very risky propositions for borrowers. Shady characters can be found in every profession, some play very close to the line […]
Private Mortgage Regulations
After being declined by an institutional lender, you might ask yourself. “are there any such things as private mortgage regulations?” – the answer is “yes, well sort of”. Private mortgages must comply with certain federal legislation such as the Interest Act and provincial statutes such as the Mortgages Act and the Mortgage Brokers, Lenders and […]