519-646-2222Category: Something to Think About
Go Bankrupt, or keep paying the Mortgage?
Should you go bankrupt or keep paying the mortgage? You must understand that going bankrupt is not only about your past or even you present, but it will also affect your future. A well timed bankruptcy can save you hundreds of thousand of dollars.
Read moreCanada Obsessed with Debt
Canadians are obsessed with debt for good reason, the country is economically in a mess, with only about 10% of income earners being able to afford without access to some form of debt.
Read moreThe Illusion of Wealth
The illusion of wealth is an important feel-good for individuals, governments and banks, all for different reasons.
Read moreRates, Prices, and Wages
Change your focus, shift your priorities for home ownership. Rates, Prices and Wages are in reverse order, currently rates remain at an historic low, prices are far too high and wages way to low.
Read moreThe Changing face of Debt in Canada
Debt in Canada has outgrown all domestic production, Canadians now have about five times (5X) as much debt as they do income.
Read moreHOUSE PRICING:
There are many factors that drive house pricing, and a multitude of market conditions, some of which have been very unusual in recent years. Join the conversation, let us know what you think.
Read moreDEATH AND TAXES:
Death and taxes, so cliche, yet so appropriate when talking about Canada’s economy.
Read moreTHE PROBLEM WITH YOUR INCOME:
Income is an often overlooked econmic problem in Canada, people have become so accustomed to using credit to bridge the gap between inflation and their income that they simply accept the status quo.
Read moreHousing Costs
Housing costs have dropped slightly in the home sales sector but remain high in rental markets. Meanwhile incomes are continuing to trend downwards.
Read moreInsolvency Rates Rebound
The economy is in a mess, insolvency rates rebound allowing people to find relief from overwhelming debt levels. Call us today at 519-646-2222 for your free consultation.
Read moreSurplus, what Surplus?
Surplus what surplus? If you are bankrupt and have been assessed for surplus income, and you can’t afford to pay it, do not dispair you have alternative possibilities.
Read moreEveryday Financial Risks
Prepare to face your everyday financial risks, whether they involve leverage or reach, discuss your options and explore alternative ideas.
Read moreInsolvencies are Increasing.
After three years of highly impactful reckless lending, insolvency rates are starting to return to normal filing levels. We anticipate a slight uptick in the new year.
Read moreCompare Debt Solutions
Save your Home – what you need to know!
Canada’s first choice for debt solutions, a proposal, can help you save your home while managing debt.
Read moreDo the Maths
Wallowing in Debt
Liek it or not you are wallowing in debt, consumer debt and anational debt, it is getting to be extremely challenging to live without debt,.
Read moreCredit Cards – pros and cons
Credit cards are the meat and potatoes of the insolvency industry, if they did not proliferate our economy LITs would have far less work. Read on for a discussion of the pros and cons of credit cards.
Read moreImprove Your Credit Rating.
Whether or not you have filed an insolvency proceeding you may find some useful tips, in this blog, to help you manage your credit ratting.
Read moreAmazon – Caveat Emptor (Buyer Beware)
Amazon is a very easy place to spend money, it contributes some jobs to the local economy, but little else, it also dehumanizes and commoditizes us all, taking away the pleasure of human contact when searching for the perfect gift, etc.
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