Blog

Filing for bankruptcy is never an easy decision. It often comes at a time when you are in dire circumstances that can include loss of a job, illness, unmanageable debt, and marriage breakups. All of these situations are stressful enough without having to file a bankruptcy proposal.  Read More

Financial resolutions are at the top of many lists this New Year. Along with fitness, financial goals are some of the most common resolutions for Canadians. From cutting spending to saving more, there are always ways you can improve your financial situation.  Read More

Whether you built up debt on your credit cards holiday shopping or have carried debt for a while, getting out of debt is the perfect resolution for 2019. According to a recent CIBC report close to half of Canadians feel they are not taking the proper steps to manage their finances in the approaching year.  Read More

A bankruptcy (BK) or consumer proposal (CP) agreement could impact a borrower’s ability to rent or own a home. However, often these options are helping people clean up overwhelming debt which would also provide barriers to credit and rental options.  Read More

A debt consolidation loan is a loan can be used to pay off all other outstanding debts. Often a bank, credit union or finance company will combine the amounts owed to your various creditors into one comprehensive loan that you pay down altogether rather than separately.  Read More

When one is forced to contemplate filing for bankruptcy, it’s an important process that is not entered into lightly. Contrary to popular belief, not everything you own is seized when you file for bankruptcy. Not only is there a long list of assets that are exempt from seizure, but there is also a hierarchy among your creditors as well.  Read More

Most, if not all of us aspire to be the kinds of people that pay their bills on time and have no significant money issues. Unfortunately, sometimes financial pressures, bad decisions, and just plain bad luck can bring things to the point where bankruptcy is the best – even only – solution.  Read More

The Holiday season celebrates with friends and family over food and gifts. Often that means travel to see family. If you went beyond budget or did not make your savings goals going into December, and relied on credit to tide you over, there are steps you can take to manage your debt.  Read More

If you are having financial trouble, you may have thought about going to see a trustee. One of the things you will see our office advertise is a free consultation. Now, everyone loves to hear that something is free, but is there a catch? Will you be pressured into signing papers?  Read More