519-646-2222Category: Insolvency News
Proposals – Division One & Division Two
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
Read moreBuying a House? – Be Careful
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 […]
Read moreReduce Debt Up To 80%
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.
Read moreDischargeable Debts
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.
Read moreStart Fresh
If you are feeling consumed by debt, it is time for a fresh start. Call tody for your fresh start: 519-646-2222
Read moreRecord Canadian Debt
Canadians, probably more than people in any other G7 country are seeing exponetial growth in all debt levels.
Read moreExempt Property – Simplified
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
Read moreKeep Your Car
Do you need to file for bankruptcy? Are you worried about losing your car? Get the facts.
Read moreI can’t Afford to go Bankrupt
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.
Read moreBankruptcy Filings Are Way Down
Last year we predicted less insolvencies in the coming year. We were correct, but this year we have seen unpredictable political and economic changes – we offer some thoughts and discussion points but no real conclusions.
Read moreHouse Prices and Insolvencies
We may be able to help you out with a proposal even if you do have equity in your home – call us for more details 519-646-2222
Read moreNeed Help?
When you need help we are simply a phone call away 519-646-2222 call us anytime – outside of business hours be prepared to leave a message.
Read more4Pillars – Class Action Clause
Very interesting Appeals Court case on contractual clauses that appear to have the effect of protecting companies from legal consequences.
Read moreStatute Barred Debts
Statute barred debts are an interesting concept and one that is frequently misunderstood. The challenge is to wrap one’s head around the fact the debt didn’t just disappear, it still exists, but it is uncollectable – unless the debtor volutarily makes payments.
Read moreCERB Forgiveness
Millions of Canadians, reportedly, received the CERB benefits when they should not have. Among them were other benefit recipients, pensioners and self-employed people.
Read moreDivision One Proposals for Small Businesses
Joint Division One Proposals can include you and your business as well as, potentially, your spouse – getting all of your debts to one manageable monthly payment.
Read moreProperty of the Bankrupt
Section 67 (1) of the Bankruptcy & Insolvency Act sets out what property of the bankrupt is divisible amongst his/her creditors. Many people live in fear of bankruptcy because they think that they will lose everything they own to the trustee. That is simply not the case. If you are holding property in trust for […]
Read moreTerrifying Debt Levels
Both government and consumer debt levels have skyrocketed in the last half-decade, leaving politicians and people grasping for solutions. We can’t help the government, but we can help you 519-646-2222
Read moreHolding Proposals
Holding proposals are an interesting way of solving immediate debt problems when you don’t have either cash flow or a stash of cash.
Read moreCERB Overpayments – solution
CERB overpayments can be discharged in a bankruptcy or a proposal. For most people who received the overpayment there are very few other options available.
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