Leamington
Gordon Sands What Personal Finance Ratios Should I Be Aware Of? Nobody intentionally gets into debt, but people end up in a bad financial situation because debt creeps up on you slowly. When you find that you are unable to pay your bills at the end of the month, you resort to borrowing. Even though people only … Read more
The tax deadline for sole proprietors and businesses, can be a difficult day. For some businesses, it just means the inconvenience of filling out more forms, but for others, it may mean an increase in business tax debt that you cannot afford to pay. If you are unable to pay the tax that you owe, … Read more
Calculating Consumer Proposal Fees A consumer proposal is often a better alternative to bankruptcy, but many people have questions about how much it will cost and want to use a consumer proposal calculator to work out how much they will need to pay each month. Unfortunately, it is not that simple and using a calculator … Read more
What to Do Before Declaring Bankruptcy When you find yourself in a difficult financial situation and dealing with significant debt, filing for bankruptcy can be a suitable solution to your problems. But bankruptcy is a big decision, and can impact you for several years to come. If you’re thinking about filing for bankruptcy in Canada, … Read more
How to Keep a Small Business Afloat While in Debt Businesses of all sizes can be faced with debt at different times, and small businesses are no exception. In times of economic trouble, it’s the small businesses that are usually hit the hardest. With fewer investors and more difficulty raising capital, it’s easy to see … Read more
What is the Bankruptcy Process In Ontario? Have you reached the point where you can no longer afford to repay your debts each month? And is your financial situation stressing you out, and that stress amplified with the deluge of debt collection letters and phone calls you reach virtually every week? If so, you’re not … Read more
Your Credit Rating in a Consumer Proposal If you are thinking about opting for a consumer proposal, then you should know that it will drop your rating. If you decide to opt for a consumer proposal, then this will often make it hard for you to obtain any kind of credit from lenders or even … Read more
How to Solve Your Debt Problems In Canada, there are many ways for you to try and consolidate your debt. Every consolidation option comes with pros and cons, and not every single option is available to everyone. If you want to make sure that you don’t end up making a bad decision with your debt, … Read more
What Happens After My Consumer Proposal? Meeting the terms of your consumer proposal will be a wonderful feeling. With the chance to live free from debt, your income will gain a huge boost, and you won’t have to stress about the money you owe anymore. You will have worked extremely hard to get to this … Read more
Ontario, ON Debt Restructuring It’s all too easy for debt to become unmanageable. People often find themselves with credit cards, payday loans, and other kinds of debt that never seems to stop building, no matter how hard they work to pay it all off. This can easily overshadow the good things in a person’s life, … Read more
Debt Relief Options in Ontario & The Risks Debt relief can be a godsend to those who are struggling to manage their finances on their own. There are a lot of options on the market that can help you with this, and many of them are perfectly designed to help you out of your position. … Read more
Debt Reduction Advice For Canadians It’s almost too easy to miss a few payments and end up in debt. The problem with many debts – particularly credit card debt – is that you start owing more the moment you miss a payment. Late fees kick in, interest rates start adding to the costs, and you … Read more
Get Out of Debt By Following These Easy 5 Steps Putting off your debts is one of the worst things you can do. The more you put them off, the larger they tend to become. Unfortunately, avoiding debts is extremely common. Sometimes, they seem so substantial that you can’t even think about paying them off. … Read more
Bankruptcy & Your Credit In Canada, there are various legal processes you can follow to get rid of debt. Bankruptcy is one of these processes, though it is widely considered the most extreme. When an individual files for bankruptcy, they are absolved of unsecured debts, but this comes at a price. Some assets may need … Read more
Options For an Undischarged Bankrupt Filing for bankruptcy is often the last resort but can be very helpful for those who have large outstanding debts that they are unable to pay. Although in many cases, at the end of a person’s bankruptcy proceedings their debts are extinguished when they are discharged, this is not always … Read more
Royal Bank Votes No on Consumer Proposals Often – Here’s Why A consumer proposal is a legal tool to reduce the total debt you owe without filing for bankruptcy. Here, you strike a deal with creditors to slash your overall bill so that they can get some of their money back, and you escape unsustainable … Read more
What is the Difference Between Unsecured, Secured and Preferred Creditors? Sometimes, bankruptcy can seem like there’s a lot to take in. We all cope better when we feel like we’re in control of a situation – but often, that’s not the best solution to problems which have gotten out of control. Anything we can do … Read more
Get Answers to Common Student Debt Questions Here If you’ve been lucky enough to pursue post-secondary education in Canada, the chances are you’ll be unlucky enough to have acquired significant personal debt in the process. Unfortunately, it’s an inescapable fact for most of us – further education does not come cheap. That investment in your … Read more
Why You Shouldn’t Default On Your Consumer Proposal Debt can have severely damaging ramifications for anybody. Whether it is credit card, overdraft, or loan debt, you must find a solution to consolidate your debt. A popular way to do this is to agree on a Consumer Proposal. However, while many debtors will elect to follow … Read more
Guide to The Office of the Superintendent of Bankruptcy If you require debt relief or information on assistance with financial issues, credit, and bankruptcy, the Office of the Superintendent of Bankruptcy (OSB) could help you. However, this office is not something that everybody knows, which could severely affect their financial situation. Need Help Reviewing Your … Read more
