Transferring Property – on the eve of insolvency
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.
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.
Follow the Money – why debt is a way of life.
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.
Changes – for Credit Card Users
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.
The Bankruptcy & Insolvency Act
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.