Blog Articles

CEBA Loans – Who is Responsible?

Tom Locke - Insolvency Trustee in London, Ontario
November 17, 2021

CEBA Loans have you confused? You are not alone, even the people administering them are not very clear about what they are doing with them

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Debt Survivor or Debt Dependent

best business of 2021 award
November 16, 2021

Surviving a debt storm is one thing but but how on earth did we get so debt dependent?

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Proposals – Division One & Division Two

Tom Locke - Insolvency Trustee in London, Ontario
November 15, 2021

There are two basic forms of proposal – Division One and Division Two – to learn more about how they work and how they could help you call us at 519-646-2222

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The Corporate Paradox

Tom Locke - Insolvency Trustee in London, Ontario
November 11, 2021

Corporations have some benefits and some drawbacks, briefly descirbed in this blog. Assigning a small, closely held corporation can, at times, be unnecessary and costly.

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Buying a House? – Be Careful

Drawing of house
November 1, 2021

Are you thinking about buying a house?  Whether it be a first time or a subsequent purchase there is a lot to think about.  Recent news articles have been critical of the ethics of the real estate industry – and rightly so. One might argue too many players in the industry rely on commissions to […]

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Reduce Debt Up To 80%

Tom Locke - Insolvency Trustee in London, Ontario
September 29, 2021

There are no set formulas for consumer proposals, they must be reasonable for both the proponent and for the creditors. There is no guarantee either will get what they want without compromise.

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Debt Reset – and Build Back Better

Tom Locke - Insolvency Trustee in London, Ontario
September 23, 2021

Reset your debt and build back better – start again, fresh! No more debts, build assets instead.

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Election Results – What Now?

Locke Consulting sign
September 22, 2021

The election solved nothing for Canadians, a few seats were shuffled, but things remain substantially the same.

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Dischargeable Debts

best business of 2021 award
September 13, 2021

Most debts can be discharged in an insolvency – there are a few that cannot – here we list debts that cannot be absolved by an insolvency proceeding.

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Residential Capital Gains Tax

September 10, 2021

The government has proposed a residential home sales capital gains tax. How would that impact you and your family?

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Vote – it is more than a “right”

Tom Locke - Insolvency Trustee in London, Ontario
September 8, 2021

Canadians are facing a pivotal and challenging election, the political divide is wide but it is imperative we come together and get this right. Get out and vote!

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Start Fresh

consumed by debt?
September 2, 2021

If you are feeling consumed by debt, it is time for a fresh start. Call tody for your fresh start: 519-646-2222

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Residential Capital Gains

Jars with credit cards
August 27, 2021

There has been a lot of buzz in the media about the proposed capital gains tax on primary residences.

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Record Canadian Debt

August 25, 2021

Canadians, probably more than people in any other G7 country are seeing exponetial growth in all debt levels.

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Low Interest – Get Ahead

Man walking down street
August 24, 2021

Canada, both as a nation and as a people is in a debt crisis. Debt is being shuffled around instead of resolved, this blog speaks to part of the problem.

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Exempt Property – Simplified

Locke Consulting sign
August 19, 2021

We wrote a more detailed blog about exemptions – this one is a simplified version, still a little technical – but call us to clarify 519-646-2222

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Keep Your Car

August 12, 2021

Do you need to file for bankruptcy? Are you worried about losing your car? Get the facts.

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I can’t Afford to go Bankrupt

July 28, 2021

Filing for bankruptcy costs money, Licensed Insolvency Trustees are not paid by the government, and they do incur fees and expenses for administering a bankruptcy. Fees may vary by individual circumstances, but they do not have to be prohibitive – there are work-arounds.

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Rebuilding Your Credit

July 22, 2021

If your credit rating took a tumble, either by filing an insolvency prceeding or just getting behind on payments – you can rebuild. 519-646-2222

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Budgeting – Tips and Tricks

July 20, 2021

Are you and your family struggling to make it through each month? Here are a few simple tips and tricks to help you get on the right track and stay there.

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