Blog - Page 28 of 50 - debtcare.ca

Are You Dealing with a CRA Frozen Bank Account?

mgoldenberg@debtcare.ca July 8, 2015 No Comments

Small Business Alert: Are You Dealing with a CRA Frozen Bank Account? The deadline for filing your business tax returns has passed – for many, this season is a stressful one, but if you filed on time and don’t owe, that stress if finally out of the way. However, if you do owe, or are still dealing with a debt following last year’s deadline, you may be facing the reality

How to Stop Collection Calls to Your Workplace

mgoldenberg@debtcare.ca June 24, 2015 No Comments

The collection industry has come a long way since the unregulated days when collection agents could basically do and say whatever they wanted. However, even with the changes that protect consumers, one popular tactic that collection agents still deploy is calling you at work! Why? For obvious reasons: maybe you were able to avoid their call at home, but at work it is more difficult. It is also because it

Can a Collection Agency Garnish my Wages?

mgoldenberg@debtcare.ca June 17, 2015 No Comments

No one wants to be unable to pay their bills. For most it is devastating to reach a point where you simply can’t afford your obligations to a creditor, causing you to default and forcing your creditor to assign your account to third party collections. When the collectors start calling they mean business. They have one goal and one goal only, and that is to collect money on behalf of

Contractors – The 2015 Tax Deadline is Approaching

mgoldenberg@debtcare.ca June 10, 2015 No Comments

A great deal has changed in the working world with the boom in “contracting”. It used to be that companies would hire workers and pay them as employees. This has changed dramatically over the past 20 years. By contracting a worker, employers no longer have those strings, responsibilities and obligations that come with having an employee. Where contractors are concerned, a job is a job, however contract positions can prove

Tips for Starting Summer on Fresh Financial Footing

mgoldenberg@debtcare.ca June 1, 2015 No Comments

Summer is here, the kids are out of school and you have the next 3 months to look forward to “mom, do you have $20 so I can go to the movies?” Summer, more so than any other holiday, can be one of the most expensive seasons of the year. This is your opportunity to seize the day and kick your summer off on fresh financial footing. Cut back on

Fighting a Wage Garnishment that Wasn’t Issued by the Court

mgoldenberg@debtcare.ca May 25, 2015 No Comments

The only type of wage garnishment that is not issued by the court is one that relates to government debt, like debt to CRA, or other less common debts, like debts related to EI overpayments. Where CRA garnishments are concerned, if you owe money, CRA can issue a wage garnishment without notice to you and without a court order. The wage garnishment could be up to 50% of your earnings.

Would You Go on Trial for Murder Without a Lawyer? Dealing with Debt

mgoldenberg@debtcare.ca May 19, 2015 No Comments

Would you go on trial for murder without a lawyer? We think it is safe to assume that the answer is no! Why? Because the stakes are high and the Crown attorney is a professional appointed by the Attorney General/Minister of Justice to enforce the law. Little old you can’t go up against a trained, seasoned trial lawyer! If you wouldn’t go on trial without a legal representative, why in

De-Thawing Your Account: How to Get a Frozen Bank Account Unfrozen

mgoldenberg@debtcare.ca May 11, 2015 No Comments

Spring has sprung and while the snow and ice may have melted, the truth may not be the same for your bank account. Having your bank account frozen is both embarrassing and can cause considerable unexpected financial problems – especially if your pay goes into the account and you have bill payments set-up on pre-authorized withdrawal. When it comes to getting a frozen bank account unfrozen, your options depend on

So You Have Filed Your Income Taxes and You Owe – Now What?

mgoldenberg@debtcare.ca May 4, 2015 No Comments

So you’ve made it through income tax time but you know you are going to owe – now what? Your first step is going to be to take a good hard look at your budget. CRA will want to be paid in full so that should be your first goal. If this goal is unattainable, that means that some negotiation with CRA is going to be involved. This can be

What is a Canadian Bankruptcy Trustee’s Role in a Consumer Proposal?

mgoldenberg@debtcare.ca April 27, 2015 No Comments

A Canadian Bankruptcy Trustee’s role in a consumer proposal can be very confusing for consumers largely because of the advertising done by Canadian Bankruptcy Trustees. These Trustees advertise a way out of debt and offer to help you out of your financial problems, almost as though they represent you and your best interests through the process. Full stop. This is not the case at all. Trustees need you in order

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