Address
111 Waterloo Street, Suite 310
London, ON N6B 2M4

Category: Tips for Money Management

Support Payments

March 28, 2018

Filing a bankruptcy or consumer proposal will not help solve support payment arrears. The debt will survive the proceeding and you will need to keep paying that bill. Similarly, if you are receiving support payments they will be considered as a part of your family’s income throughout the proceeding. Support payments can affect the amount […]

Problems with the CRA

March 16, 2018

Most Canadians can lay claims to having had some problems with the CRA. Some problems are way worse than others, as evidenced by recent media stories. The issue appears to be systemic rather than related to any individuals within the organization, although like any other workplace there are good and bad employees. Some of the […]

Looking for a job

February 12, 2018

Are you looking for a job?  What sector are you looking in?  How much money do you need to earn to maintain your lifestyle?  How much can you anticipate your income changing relative to living costs? These are all important questions for people of all ages, especially those completing college and university educations, to contemplate.  […]

Deceased bankrupts (dead people can go bankrupt)

February 8, 2018

Yes, dead people can go bankrupt. A deceased person may be assigned into bankruptcy either by the estate executor/trustee with the blessing of the court or by a creditor petitioning the estate into bankruptcy. Of course, another scenario is that a person might die after filing an assignment into bankruptcy. Section 136 of the Bankruptcy […]

The Stock Market is up and down

February 7, 2018

Sure, the stock market does that, sometimes it’s up and sometimes it’s down, that’s called fluctuation. The market is always fluctuating, but consumer debts don’t tend to do that. Consumer debt loads have been increasing year over year for decades with no sign of abatement. In fact, the average Canadian consumer is paying about $900.00 […]