519-646-2222Category: Insolvency News
COVID Debt Solutions
COVID Debt Solutions are available. call us at 519-646-2222 for a free consultation to discuss your options. A Consumer Proposal or a Bankruptcy may provide you and your family with the relief and financial security you need.
Read moreHow 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.
Read moreReal 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.
Read moreTrust 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.
Read moreBankruptcy 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.
Read moreSavings 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.
Read moreCredit Counselling
Credit Counselling can be a very helpful tool, but obligatory attendance isn’t enough, to be effective it requires active participation.
Read moreCompound Interest
TD Bank recently announced it will be using compound interest on its credit card portfolio. Other banks are sure to follow suit – be aware of the impact.
Read moreGet Ready
Are you ready to pay your credit card bills? If you are struggling we can help – let’s start with a free consultation.
Read moreDebt Consultants
Don’t bring out the clowns when you need serious help with problem debt – get professional help.
Read moreCreative proposals
“The list goes on and can be tailored to your specific situation or circumstances – traditional proposals are straight line payments such as $200 per month for sixty (60) months, but there are other possibilities.”
Read moreExempt Property
This is not intended to be legal advice but rather a discussion of interpretation of the Execution Act. Speak to your Licensed Insolvency Trustee about his or her interpretation.
Read moreEasy Credit
Easy credit has tremendous appeal to the broke, broken and downtrodden, but at what cost?
Read moreHouses in Bankruptcy
Real property values have seen explosive growth in some markets in recent years. Requiring trustees to review the assessed values prior to discharge. To avoid surprises many debtors are filing proposals.
Read moreInheritances in bankruptcy
What would happen if you came into an inheritance after you filed for bankruptcy?
Read moreInsurance policies
Insurance is something that we tend to buy in a reactive manner, without adequate planning. Insurance can be expensive and, even though purchased with premiums paid over a long term, coverage may be denied.
Read moreRESPs in bankruptcy
If you are contemplating a bankruptcy you need to know what happens to your assets, including RESPs.
Read moreMinimum Payment Changes
More rules and regulations are required to cool off rising debt trends in Canada. The new Quebec are a great first step, hopefully leading to a nationwide policy change.
Read moreCredit Repair Scheme
It’s difficult to trust anyone these days, it seems that everyone is picking your pockets. Beware of credit rebuilding scams, if they sound to good to be true, they probably are.
Read moreHow to find us
When you need help dealing with your debt problems – it’s good to know where to find your local Licensed Insolvency Trustee.
Read more