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Category: Insolvency News
How will I pay my bills?
COVID-19 may be the least of many family’s worries – loss of employment, reduction in available working hours and lack of benefits will put many behind the eight ball.
Real Estate Bubble
The real estate bubble has been described as one of the biggest threats to the Canadian economy. The Toronto housing market has been identified as the second largest housing bubble in the world. The thing about bubbles is that sooner or later they all either collapse under their own weight or they burst.
Trust the Media?
When you take a closer look at the data you will find that recent reports are exagerting the rise in consumer insolvenicies. In reality, insolvency filings are lagging significantly behind lending trends.
Bankruptcy Stereotypes
Stereotypes help us negotiate the world around us, stereotypes aren’t as abitrary as our acceptance of them – when they are positive we embrace them, when they are negative we appall them.
Savings or Irregular Expenses
Do you know the difference between putting money away as savings and retaining money in your mbank account for irregular expenses. They seem similar but are quite different.