Leamington
Gordon Sands Our focus today is on a somewhat complex but incredibly important topic: Bankruptcy and its impact on the Childcare Subsidies. More specifically, we will examine what happens If You Go Bankrupt And You Are Getting The Daycare Money 100 A Month Per Kid. Introduction to Bankruptcy In the complex world of finance, the term “bankruptcy” … Read more
How to Break Free from the Chains of Debt Dealing with the perpetual worry of “I’m always in debt” can be overwhelming. However, acknowledging your financial issues is the first step towards regaining control. This article will guide you through the process of diagnosing your financial health, identifying solutions to your debt problems, and getting … Read more
After Filing Bankruptcy: Why Are Debt Collectors Still Calling Me? Have you recently filed for bankruptcy, and yet you’re still receiving persistent calls from collection agents demanding payment? This can be both confusing and stressful, especially when you thought the calls would stop once you had filed for bankruptcy. In reality, the situation may simply … Read more
Understanding Student Loans in Ontario and Bankruptcy: An In-depth Guide There are several queries that come to mind when considering the connection between student loans, bankruptcy, and OSAP. In the following article, we will address these questions to provide a comprehensive understanding of the topic. 1. Accessing OSAP After Bankruptcy If you’ve found yourself in … Read more
Navigating ICBC Debt: Your Comprehensive Guide Are you grappling with ICBC Debt? This comprehensive guide will help you understand, manage, and overcome the financial burden. The Insurance Corporation of British Columbia (ICBC) is a significant debt source for many individuals. ICBC debt can be daunting, but with the right knowledge and strategies, you can navigate … Read more
Is It Possible to Be a Director of My Church If I’ve Gone Bankrupt? Bankruptcy is a legal process that can be complicated and stressful. One of the concerns that often arises is how it might affect your status as a director in a non-profit organization like a church. This article aims to provide a … Read more
Understanding Bankruptcy in Saskatchewan: Can You Retain Your Vehicle? Residing in Saskatchewan and considering filing for bankruptcy, but unsure if you can retain your car? This is a common question that most Trustees and Proposal Administrators in Saskatchewan often encounter. Let’s break down the topic to provide a better understanding. Assessing the Value of Your … Read more
Does Going Bankrupt or Making a Proposal to My Creditors Impact My Ability to Rent a Home? Filing for personal bankruptcy or making a consumer proposal can significantly impact your credit score, potentially influencing a landlord’s decision to accept your rental application. But, does it mean renting is an impossible task for those dealing with … Read more
In Canada, there is a widespread misconception that unpaid debts could lead to detention at the border. This misbelief often triggers anxiety among Canadian citizens residing overseas, particularly those considering a return to their homeland. However, such fears are largely unfounded and are not reflective of the actual practices of Canadian Border Services. This article … Read more
What Happens When My Ex-Spouse Files Bankruptcy? Impact on our Joint Mortgage Bankruptcy is a legal proceeding that offers a fresh start to people who can’t repay their debts. But what happens if your ex-spouse files for bankruptcy, and you have a joint mortgage? How will it affect you and your financial obligations? This comprehensive … Read more
Understanding Common Law Living With a Bankrupt Partner Life can sometimes throw us unexpected curveballs, and financial hardship is one of them. This article aims to shed light on a specific situation – Living Common Law with a person who is bankrupt and pays surplus income amounts each month. What is Common Law? Common Law … Read more
Does Living With Someone Who Has Gone Bankrupt a Second Time Affect Me? Living with someone who has declared bankruptcy twice can be a challenging situation, especially if they filed for it a year before you moved in together. This situation can raise numerous questions about how their financial status will affect you and your … Read more
Escaping the Debt Treadmill: A Comprehensive Guide Debt can feel like a ruthless treadmill, constantly accelerating, leaving families and businesses struggling to keep pace. The perpetual cycle of borrowing and repayment, coupled with mounting interest, can cause significant distress. This post aims to help those who often exclaim, “I can’t get out of debt!” by … Read more
Struggling to Pay Creditors: Understanding the Concept of Being ‘Judgement Proof’ Finding yourself neck-deep in debt can be a harrowing experience. The inability to pay off debts, coupled with the constant badgering from creditors, can lead to a stressful life. But what happens when you simply can’t afford to pay your creditors? Are you immune … Read more
What Happens When I Receive a CERB Repayment Letter From Canada Revenue Agency? The COVID-19 pandemic brought about unprecedented challenges on a global scale. In Canada, many citizens experienced job loss or significant reduction in work hours. To provide financial support during these challenging times, the Canadian government launched the Canadian Emergency Response Benefit (CERB). … Read more
Bankruptcy and Car Financing In the world of finance, uncertainties abound. One such uncertainty is: Can I retain my financed vehicle if I declare bankruptcy? This question is particularly pertinent for individuals who have recently committed to a vehicle finance agreement and are now contemplating bankruptcy. In this article, we intend to explore this subject … Read more
Help, I Need a Rescue From Debt! Stuck in a financial quagmire and feeling like you’re drowning in debt? You’re not alone. Every day, we assist numerous individuals who echo these sentiments, desperate for a lifeline. If you’re saying to yourself, “I need my debt rescue,” you’ve come to the right place. Life in Debt: … Read more
I Owe The Government Money: Can They Take My Car? Many people find themselves in a situation where they owe the government money. Whether it’s due to unpaid taxes, fines, or other debts, it’s a stressful situation. A common concern is whether the government can seize their car to satisfy the debt. Let’s explore this … Read more
Understanding the Impact of a Consumer Proposal on your Credit Rating Being burdened by debt can be a daunting experience, with bankruptcy often seen as the only escape. However, that’s not all there is. There’s a silver lining in the form of Consumer Proposals, a debt relief solution which offers several benefits, including a less … Read more
Does a Consumer Proposal Impact My Career? If you’re grappling with the question, “How will a consumer proposal affect my job?”, then this comprehensive guide may provide the clarity you need. What is a Consumer Proposal? Firstly, let’s understand what a consumer proposal is. It’s essentially a formal agreement established between you and your creditors. … Read more
