Are You Dealing with a CRA Frozen Bank Account?
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 […]
How to Stop Collection Calls to Your Workplace
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 […]
Can a Collection Agency Garnish my Wages?
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 […]
Contractors – The 2015 Tax Deadline is Approaching
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 […]
Tips for Starting Summer on Fresh Financial Footing
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 […]
Fighting a Wage Garnishment that Wasn’t Issued by the Court
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 […]
Would You Go on Trial for Murder Without a Lawyer? Dealing with Debt
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, […]
De-Thawing Your Account: How to Get a Frozen Bank Account Unfrozen
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 […]
So You Have Filed Your Income Taxes and You Owe – Now What?
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, […]
What is a Canadian Bankruptcy Trustee’s Role in a Consumer Proposal?
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 […]