Leamington
The Canada Emergency Response Benefit (CERB) was a lifeline for many Canadians hit hard by the economic fallout of the COVID-19 pandemic. However, due to the urgency with which it was implemented, there were ambiguities in the eligibility requirements. Consequently, a significant number of individuals might have received overpayments. The recent letters from the Canada … Read more
Understanding Bankruptcy Claims by Saskatchewan Government Insurance (SGI) Bankruptcy is a complex process and understanding the implications of different debts can be challenging. One of the frequently asked questions is about the treatment of claims by Saskatchewan Government Insurance (SGI) in a bankruptcy or proposal. This topic can be confusing, but it’s crucial to understand … Read more
Navigating the Threat of Legal Action for Unsecured Credit Card Debt It’s an all-too-familiar scenario: mounting credit card debt has led to threatening calls from collection agencies. Can they really sue you and seize your assets or garnish your wages? In this article, we’ll explore the possibilities and provide practical advice on managing unsecured credit … Read more
Navigating Collection Activity Post-Bankruptcy: A Comprehensive Guide When Will Debt Collectors Stop Calling? The process of filing for bankruptcy or a consumer proposal can often be overwhelming. One of the primary concerns that individuals have revolves around the cessation of Collection Activity following their filing. This guide aims to provide clarity on this subject, shedding … Read more
How to Sidestep the Common Pitfalls in Debt Repayment Debt can often feel like a mountain too high to climb. However, with the right strategies and awareness of the common mistakes people make paying off debt, you can make it to the top. This article aims to shed light on these pitfalls and how to … Read more
Paying Bills in The Days Before Going Bankrupt When contemplating bankruptcy, the question, “Can You Stop Paying Bills Before Filing Bankruptcy?” often comes up. The answer is not a simple ‘yes’ or ‘no’. It depends on various factors, such as the type of debt and the timing of filing for bankruptcy. This guide offers a … Read more
What To Do If You’re Struggling With Car Payments Are you grappling with the reality that you can’t afford car payments anymore? Well, you are not alone. The rising cost of vehicles combined with societal pressures have led many people down the path of unmanageable car loan debts. In this piece, we will explore how … Read more
Understanding Canadian Debt Collection Laws Understanding the Canadian debt collection laws is crucial, especially if you owe money to a federally regulated financial institution. These laws protect borrowers from unfair debt collection practices and establish guidelines for communication between the debtor and the collector. This article will discuss your rights under these laws and when … Read more
Cellphone Debt & How It Impacts Everyday Life Cellphone debt is an issue that affects many individuals globally. This article will delve into the various implications that can arise from falling behind on your cellphone payments. Escalation to Collection Agencies One of the significant ramifications of cellphone debt is its potential escalation to collection agencies. … Read more
An In-Depth Look at CCAA Protection As a company navigating the choppy waters of insolvency, it’s critical to understand the lifeline that the Canadian Companies’ Creditors Arrangement Act (CCAA) can provide. This legislation is a powerful tool that can provide CCAA Protection to financially-struggling businesses, allowing them the opportunity to restructure their affairs and avoid … Read more
A Comprehensive Guide To Canadian Debt Forgiveness In the realm of financial stability, one of the most potent threats is overwhelming debt. However, there exists a silver lining, specifically in the context of Canadian Debt Forgiveness. This guide aims to elucidate the various options available to Canadians seeking relief from their debt burdens. 1. Understanding … Read more
Understanding Canadian Undischarged Bankrupts: A Comprehensive Guide Bankruptcy, a term that often evokes fear and uncertainty, is a legal process designed to provide financial relief to those overwhelmed by debts. However, the path to debt freedom via bankruptcy is not always a straightforward one. Particularly in Canada, the concept of undischarged bankrupts often raises many … Read more
Filing For Bankruptcy As a Renter When financial instability strikes, many individuals often wonder, “Can you file bankruptcy while renting?”. This question underscores a significant concern for people who are in debt but are also tenants. In this article, we will unravel the complexities of filing bankruptcy while renting and answer some of the commonly … Read more
Is There a Risk of Going to Jail If I Don’t Pay My Debts? A Comprehensive Analysis In an era where debt has become a common part of life, the question – Can You Go to Jail for Not Paying Debt? – has gained relevance. This article explores this question in depth, as well as … Read more
Getting Approved For a Mortgage After a Debt Management Plan (DMP) Navigating the world of finance can be challenging, particularly when you’re burdened by debt. One common question many of us ponder is, “Can you get a mortgage after a debt management plan?” In this article, we’ll delve into the complexities of debt management plans … Read more
Understanding Government Assistance for Debt Issues Can you get help from the government for debt problems? This is a question that many people ask, especially when they encounter financial difficulties. In this article, we delve into the ways the government can provide assistance to individuals grappling with debt. 1. The Concept of Government-Endorsed Debt Relief … Read more
Incorporating Your Vehicle Loan Debt in a Consumer Proposal If you’re overwhelmed by financial obligations and considering a consumer proposal as a resolution, you might be questioning, “Can you include your car loan in a consumer proposal?” Like many individuals, you may have a car loan among your total liabilities. Let’s delve deeper into this … Read more
Inheritance Laws & The Deceased’s Debts? Introduction Inheriting a deceased loved one’s estate can sometimes lead to unexpected financial burdens. The question often arises: Can you inherit a deceased person’s debts? The answer is complex and depends on the financial state of the deceased’s estate. This article will explore both solvent and insolvent estates, providing … Read more
Understanding Inheritance and Debt: Are You Liable for Your Parents’ Debts? In the painful aftermath of a parent’s passing, many find themselves caught off-guard by the possibility of inheriting debt. But can you truly inherit debt from your parents? The answer isn’t as straightforward as one might think. Your obligation to a deceased parent’s debt … Read more
Renewing a Mortgage During a Consumer Proposal Facing financial challenges can be overwhelming and finding a strategy to navigate through the storm is crucial. One strategy you might consider is a consumer proposal. A question that often arises for homeowners in this situation is, “Can you renew a mortgage while in a consumer proposal?” The … Read more
