Leamington
Gordon Sands The Morality of Filing Bankruptcy It’s difficult for people not to attach financial decisions and even financial health to morality. When you’re struggling with money, it can feel like a moral failing, especially if you are finding it difficult to pay bills and debts that you owe. Many people who are failing to repay their … Read more
How to Keep Your Assets By Making a Consumer Proposal For those who would like to keep their assets and avoid filing for bankruptcy when in debt, a consumer proposal can be the right choice to make. A consumer proposal could allow you to keep assets that you would not be able to keep had … Read more
What You Need To Know About What Follows Bankruptcy Bankruptcy may be the right option for those who have large amounts of debt that they are struggling to pay. Providing it is the right choice for your situation, it can help you to get that fresh financial start you’ve been hoping for. However, many people … Read more
Being able to communicate about money in a partnership is so important, as a big percentage of arguments that happen between couples are about this, according to studies. Family counselors agree that 40% of the time, money issues are a big contributing factor in why marriages and relationships fail. Every couple is unique, so being … Read more
Avoiding Money Troubles Most of us have struggled with money at one time or another to a degree, but it’s all too easy to kid yourself into believing that an issue you’re having with money isn’t as serious as it really is. However, sweeping this issue under the rug will mean that it steadily grows … Read more
The Worrying Truth About Unlicensed Debt Consultants Debt can be scary. It can distract us while we’re at work, and it can keep us lying wide awake late at night. The more debts we accumulate, the more our debts weigh on our mind and potentially affect our physical and emotional health. As the cost of … Read more
Facts to Consider Before Going Bankrupt Many Canadians find themselves in debt from time to time. In fact, the average Canadian household has over $20,000 outstanding in non-mortgage debt. Yet, while debts are simply a part of life for many, they can easily spiral out of control. As interest rates rise and the principal gets … Read more
Payday Loan Debt Relief in Canada There are many households all over Canada who struggle with the rising cost of living. When day-to-day essentials like housing, utilities and food get more expensive but their wages don’t rise at a commensurate rate, Canadian households find it much harder to save and budget effectively. As such, they … Read more
How Does Filing Bankruptcy Impact Home Ownership? Many homeowners might be thinking about how filing bankruptcy can affect them. And while the exemptions vary province to province, it’s important to get an overall understanding of the impact it can have before going into the process. Of course, with the guidance of a Licensed Insolvency Trustee … Read more
Before we get into how you calculate your credit score, let’s first define exactly what a credit score is for those who don’t know. To put it simply, your credit score is a 3-digit number that indicates how likely you are to be accepted for credit. Based on your credit report, it shows lenders how … Read more
How to Check Your Credit Score and Report For Free Firstly, let’s identify what information is in a credit report for those that aren’t familiar with them. It’s vital to know that each credit agency will hold different information about you, so to get a complete oversight of your report, it might be worth checking … Read more
How to Revive a Consumer Proposal After It’s Annulled If you’re going to repay your debt, you need a regular income to do so. That’s on top of money to buy food, pay bills, and survive. A consumer proposal is a debt relief plan, and although it can be a huge help to those in … Read more
What is the Difference Between a Consumer Proposal and a Division I Proposal? It’s important to be aware that when you speak to an Insolvency Trustee under the Bankruptcy Insolvency Act they have the option of providing two different types of proposals. Most people aren’t aware that both a Consumer Proposal and a Division I … Read more
Saving an Insolvent Business If you’re a business owner looking to save your company, you might be thinking about the benefits of business proposals. This guide will help you decide whether a business proposal is a viable option for your venture. What is a business proposal? A business proposal, also known as a commercial proposal, … Read more
Which Method is Better to Get out of Debt? There are various debt clearance methods. Two of the most popular are the debt snowball and high interest first repayment patterns. In this guide to the debt snowball method vs high interest first, we’ll look at each option in detail to help you decide which is … Read more
In Canada, the Bankruptcy process is legislated under the Bankruptcy and Insolvency Act, allowing those who have no other way to pay off their debts to declare insolvency, to use their assets to pay for a proportion of what they owe and to start a metaphorically new financial slate. It can be difficult to get … Read more
Consumer Proposal Advice is Free! Up and down the country, thousands of innocent Canadians who are simply trying to get out of debt, are being ripped off by unlicensed debt advisors who are charging them a fee to refer them to a Licensed Insolvency Trustee who will then handle their consumer proposal request – Don’t … Read more
Division I Proposals Although there is a range of debt solutions available, consumers in Canada aren’t always aware of them. While there is a growing number of people using consumer proposals to resolve their debt issues, a relatively small number of people consider using a Division I proposal to achieve the same results. With so … Read more
What Are The Stages Of Bankruptcy? Bankruptcy can be one of the most effective ways to deal with spiralling debt problems. When your debts become unmanageable, eliminating them via bankruptcy can allow you to reset your finances and move forward without the burden of escalating debts hanging around your neck. If becoming debt-free sounds almost … Read more
Consumer Proposals Are Often Better Than Bankruptcy – Here’s Why. In Canada, the majority of adults have some form of debt. However, increasing financial obligations and rising house prices means that the average amount of debt we have is getting higher. What’s more, an increasing number of people are struggling to manage their debts effectively. … Read more
