Your 2018 Debt Consolidation Options

As Canada’s household debt continues to rise, many Canadians are looking at debt consolidation options. Rising interest rates and new mortgage rules are leaving less room for debt and those who once had a comfortable cushion may now find...

Posted | by |in Bankruptcy, Blog, Debt Consolidation

Who Does a Bankruptcy Trustee Represent?

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...

Posted | by |in Bankruptcy, Bankruptcy Trustee, Blog

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

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...

Posted | by |in Bankruptcy, Blog, Income Inequality

What is the Difference Between a Consumer Proposal and Bankruptcy?

Often we have clients come to us with financial troubles looking for advice regarding the difference between a consumer proposal and bankruptcy. While both are very valuable resources when it comes to dealing with debt that has spiraled out of...

Posted | by |in Bankruptcy, Blog, Consumer Proposal, Consumer Proposal vs. Bankruptcy

Mortgage Refinancing: A Viable Debt Solution?

Debt in Canada has become a major problem for many individuals. The ease with which credit is granted by many credit companies sometimes makes it tough to avoid temptation, but the aftereffects can be distressing, especially if it gets to the...

Posted | by |in Blog, Debt Solutions, Mortgage Refinancing

Debt Management – You Don’t Have to Do it Alone

When you are in debt, the personal issues that all too often accompany it can be overwhelming, and sometimes the task of ridding yourself of this financial burden can feel insurmountable. Knowing where to turn for advice or assistance can be...

Posted | by |in Blog, Debt Management, Debt Management Program

Getting Out of Debt Blog Series #2: Bankruptcy

There are thousands of Canadians facing a mountain of debt that can seem impossible to overcome. For many individuals, it can often seem as though there is nowhere to turn as far as getting out of debt – but there is hope. It never helps to...

Posted | by |in Bankruptcy, Blog, Getting Out Of Debt

Getting Out of Debt Blog Series #1: Consumer Proposal

With summer winding down and consumer debt levels remaining at all-time highs, we thought it was a good time for a back-to-basics ‘getting out of debt blog’ to help you ease into fall with less worries on your plate. This first blog in the...

Posted | by |in Blog, Consumer Proposal, Getting Out Of Debt

Summer Debt Relief: Tips to Reduce Your Debt

Over the summer many families find that debt rises with the temperatures; vacations, weekends away, daily outings, etc. can all leave the wallet feeling very light. If you entered the summer drowning in debt, the worst thing that you can do...

Posted | by |in Blog, Debt Relief, Debt Relief in Canada

Collection Agency Harassment: How to Stop the Calls

Canadians have become so accustomed to carrying debt, and for some being in debt has become the norm. It is true that the vast majority of Canadians do have debt and when debt accumulates to the point where you are defaulting on monthly...

Posted | by |in Blog, Collection Agency Harassment, Debt Relief

Spring Cleaning Should Include Cleaning Up Your Finances

The sun is shining and spring is in the air. Cars are lined up at carwashes and the parks are filled with people taking advantage of the warm weather. And, with the advent of spring comes the inevitable ‘spring clean’. From a financial...

Posted | by |in Blog, Dealing With Debt, Financial Fitness, Managing Your Debt, Reduce Your Overall Debt

Why an Ontario Trustee in Bankruptcy May Not be the Best Choice

Traditionally when people think of an Ontario trustee in bankruptcy they think of bankruptcy. The fact is that the Ontario trustee in bankruptcy has changed in recent years. In the past, if you had severe financial problems, you may have...

Posted | by |in Blog, Ontario Trustee in Bankruptcy