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Category: Insolvency News

INVESTMENTS THAT ARE CREDITOR PROOF

September 5, 2017

Plan to succeed but prepare to fail! When investing talk to your financial advisor about creditor proofing investments. Canadians are amongst the most in debt people in the world today.  We carry more consumer debt per capita than probably anyone else and we are not terribly money savvy.  Few have a viable financial plan and not […]

WHICH IS BETTER A BANKRUPTCY OR A PROPOSAL?

September 5, 2017

The proper answer to that question would depend on the specifics of your situation but read on to learn more. EFFECT ON CREDIT REPORT: A first time bankruptcy will show on a credit bureau report for a period of seven (7) years from the date of filing or six (6) years following the bankrupt’s discharge […]

THE BENEFITS OF LOCAL BOUTIQUE INSOLVENCY FIRMS

September 5, 2017

There are many benefits to working with a small local boutique insolvency firm here are some obvious points Click this link to find a local trustee – just enter your city and province. Your information and file is being stored and managed locally – it is not in another city. The trustee lives and works […]

HAVE YOU SEEN THIS?

September 5, 2017

ANOTHER IMPORTANT VIDEO While we’re all focused on beating up on the weakest members of society, those who are marginalized by the loss of job, lack of education and absence of opportunity, we are slowly joining them.  Thirty or forty years ago we had far more jobs available than today.  Today unemployment is rampant and […]

BILL 55 IS COMING INTO FORCE

September 5, 2017

Finally coming into force, regulations for debt consultants that will prevent the rip-offs. Trustees in bankruptcy have a long history of having challenges in selling their services.  Those challenges include stringent advertising requirements and poor marketing skills.  Like many other business owners trustees cannot be expert at all things, advertising and marketing can be a […]

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