519-646-2222Category: Something to Think About
Local, Trusted and Fully Licensed
Southwestern Ontario’s local, trusted and fully licensed insolvency trustee.
Read moreBankruptcy = Opportunity
It’s hard for many people to think in such terms but in fact filing a bankruptcy provides a great new opportunity. Long before we had a bankruptcy regime few people had access to debt (credit) mostly the wealthy loaned money to other wealthy people. There were few written contracts, most people couldn’t read and write […]
Read moreUnderstand the basics
We feel that it is important that you should understand the basics when you are thinking about filing a bankruptcy or a proposal. Here are some basic terms to help you along. People who owe money are called “debtors”, people who cannot pay their bills as the become due or who could not pay their […]
Read moreI don’t want to go bankrupt
We hear that from almost every person we meet – “I don’t want to go bankrupt”. Let’s face it no one wants to go bankrupt it is not a part of anyone’s life plan: “I’ll get an education, get married, have kids, become involved in my community, buy a house, invest for retirement, go bankrupt” […]
Read moreDebt Check Up
Feeling overwhelmed yet? Debt problems can be a source of frustration and family feuds. Get your free debt check up today. call 519-646-2222
Read moreCERB Overpayments – Insolvency
CERB overpayments are going to be an important topic in the next year for millions of Canadians. The Federal Government’s handling of the CERB benefit has resulted in many people receiving benefits they should not, or ought not, to have had. Our office has heard of several cases of long term ODSP recipients who have […]
Read moreGetting through COVID
The COVID virus is impacting everyone’s life. From the way we work through to every social interaction we have. There are essentially two facets, health and economy that are being his the hardest. In this two part blog we try to speak to each offering some insights and considerations.
Read moreCash Flow your Debts
It is important to stop cash flowing debts and to start paying them off – but it may be even more important to understand and recognize the difference.
Read moreImpulse Spending
Impulses and habits are very similar, they both work on us subconsciously and compel, or ilicit, certain types of behaviour. Impulsiveness isn’t always bad – sometimes it’s very rewarding, maybe that’s a part of the problem.
Read moreDriving Affordability
Driving affordability is something that should form a part of everyone’s budget. Even in our biggest cities public transit is expensive and extremely inefficient.
Read moreBorrow Your Way Out Of Debt
You cannot borrow your way out of debt. Trying to do so is a useless strategy that will get you into far more debt than you had to begin with.
Read moreSpotting Fake News
Spotting fake news can be a real challenge for all but the suspicious and conspiracy minded among us. But it is important to check and back check information being fed through news streams in order to remain well informed. Just because you like the sound of it or it makes you feel warm and fuzzy doesn’t mean it’s true.
Read moreNew Car
Cars, cars, cars, Canadians love their cars – new cars used cars, beater cars, winter cars, summers cars, sports cars, have we got a car for you!
Read moreFinancial Literacy
Many professionals who work in the financial industry are functionally financially illiterate, only comprehending a specific area of expertise. Consumer finances have become extremely complicated in recent decades.
Read moreDid you know
Did you know there are many aspects about our economy that are not discussed, especially related to debt?
Read moreLatest credit card numbers
The latest credit card numbers are finally out from the Canadian Bankers Association on how Canadian use credit cards. You can follow the link to see for yourself but here’s the highlights and some considerations.
Read moreCongratulations
Decisions, decisions, but congratulations on whatever you decide, rest assured it was your choice but you must live with the consequences.
Read moreEnough is Enough
Stop kidding yourself, you can’t afford all the debt you and your family are trying to service. It may be the case, for some folks, that you can’t afford not to have the debt – the cost of living has risen faster than your paycheque.
Read moreRebuild Your Credit
We see that slogan everywhere “rebuild your credit” everyone seems to be using it from mortgage lenders through to used car salesmen. But, caveat emptor (buyer beware) things may not be what they seem. Usually when I hear the expression “rebuild your credit” the first thing that comes to mind is “high interest” and the […]
Read moreLiving in Canada
Living in Canada is extremely challenging and not getting easier. The cost of living continues to increase faster than incomes and taxation is not helping. Adding the new carbon tax to the mix it is highly likely that Canadian consumers are paying more than half of their income in some form of taxation. Paper, ordinary […]
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