Blog - Page 17 of 50 - debtcare.ca

Tax Debt: Are You Self-Employed but Haven’t Filed Yet?

mgoldenberg@debtcare.ca July 20, 2017 No Comments

We are well into July now and that means, if you are self-employed, your tax filing deadline has passed. If you filed on time, great, you’re set for another year. However, if you’ve yet to file, for whatever reason, you may be facing some serious penalties and a significant tax debt. Many people don’t file because they know they will end up owing and can’t pay or don’t have proof

Don’t Help the Canada Revenue Agency Take Collection Action

mgoldenberg@debtcare.ca July 10, 2017 No Comments

If you owe money to the Canada Revenue Agency (CRA), you can be sure that the next few months will find you dealing with various attempts to collect. The CRA is quite aggressive when it comes to collecting a tax debt, and waiting for you to pay up just isn’t the name of their game. Don’t make it any easier for them to begin collection action. If you receive a

Who Does a Bankruptcy Trustee Represent?

mgoldenberg@debtcare.ca July 6, 2017 No Comments

While bankruptcies and consumer proposals are two common practices for Canadians looking to deal with problematic debts, they can also be somewhat confusing or misunderstood. One of the most common misconceptions comes with regard to who a bankruptcy trustee represents. This blog aims to clear the confusion. In the simplest terms, a personal bankruptcy in Canada is a legal process whereby a bankruptcy trustee is appointed to administer your estate

Happy Canada Day from DebtCare

mgoldenberg@debtcare.ca June 28, 2017 No Comments

Happy 150th Birthday Canada! Enjoy the Canada Day celebrations with family and friends, check out some fireworks and fill up on some great food! All the best on this momentous national occasion!

Demographic Shift? Worsening Income Inequality in Ontario Leading to Higher Rates of Insolvency

mgoldenberg@debtcare.ca June 22, 2017 No Comments

Bankruptcy has, for decades, proven to be an incredibly important resource for those Canadians struggling to meet their monthly obligations, and for good reason. It provides a fresh start when things have become too difficult to handle, providing significant relief from overwhelming debts and reducing the overall amount a person is required to repay. That being said, worsening income inequality is making bankruptcy far more common a solution for certain

CRA는 강제 채권 추심을 하기 위하여 법원의 명령을 필요로 하나요?

mgoldenberg@debtcare.ca June 20, 2017 No Comments

캐나다 국세청 (Canada Revenue Agency)에 갚아야 할 빚이 있을 경우 그것은 일반적인 채권자에게 상환하는 것과는 매우 다르긴 하지만 동시에 아주 흡사하기도 합니다. 은행과 같은 일반적인 채권자가 실제로 부채를 회수하기 위한 조치를 취할 수 있는 것처럼, CRA도 그와같은 조치를 취할 수 있지만 CRA는 채권 추심을 위하여 그와 동일한 방법을 따를 필요는 없습니다. 일반적인 채권 추심 회사는 채무자에 대한 강제 집행을 하기 전에 법원의 집행 명령을 받는 등의 특정 조치를 취해야 합니다.

개인 회생과 파산의 차이점은 무엇인가요?

mgoldenberg@debtcare.ca June 20, 2017 No Comments

우리는 가끔씩 재정적인 문제의 해결을 염두해 두고 파산과 개인 회생의 차이점에 대해 질문하시는 고객분들이 만나게 됩니다. 감당할 수 없게 된 부채를 해결하려 할 때 이 두 가지 프로그램 모두는 매우 가치있는 제도이지만, 이 둘 사이에는 중요하고 명확한 차이점이 있습니다. 오늘은 이 둘의 차이점에 대하여 다루어 보려고 합니다. 개인 회생이란 무엇인가요? 개인 회생 (consumer proposal)은 채무자가 채권자에게 자신의 소득을 기준으로 일반적으로는 5 년동안 부채를 상환하겠다는 상환액을 제안하는 제안서를 제출하는 것입니다. 이

How to Stop a CRA Wage Garnishment

mgoldenberg@debtcare.ca June 15, 2017 No Comments

With the tax season behind us, those sitting with tax debts may be concerned about payment plans and what actions the Canada Revenue Agency might take to obtain money owed. A CRA wage garnishment is a very common form of enforcement action. If you’re concerned about a possible garnishment, or are currently trying to have one removed, read on. The CRA does not need a court order to obtain a

How Much is Enough Debt to Warrant a Consumer Proposal?

mgoldenberg@debtcare.ca June 7, 2017 No Comments

Consumer Proposal 101 – How Much is Enough Debt to Warrant a Consumer Proposal? For those struggling with debt, a consumer proposal represents a very valuable debt solution. If you’ve been thinking about taking advantage of such a solution, there are a few things you may want to know, and this week our goal is to help answer those questions. Firstly, to file a consumer proposal in Canada, you must

Paying Off OSAP: Student Loans, Consumer Proposals and You

mgoldenberg@debtcare.ca May 25, 2017 No Comments

When you’ve studied tirelessly and spent years working towards that well-earned degree or diploma, the last thing you want to think about once you graduate is the debt that accumulated in your quest to obtain it. Unfortunately, student loans are unique in their formation, particularly OSAP loans, and so today we attempt to clear the waters. Today we’re talking student loans, consumer proposals, and how you can finally get yourself

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