Income Tax Debt

Income Tax Debt

What to do about Income Tax Debt   Financial Options for dealing with Income Tax Debt Owing income taxes to Canada Revenue Agency (CRA) can be a scary place to be. In addition to freezing bank accounts and garnishing wages, CRA has an extraordinary ability to...
Three Common Misconceptions About Bankruptcy In Canada

Three Common Misconceptions About Bankruptcy In Canada

You might be absolutely positive you don’t want to file for bankruptcy in Canada. But if that’s the case, be sure it’s for the right reasons. There are many preconceived notions about bankruptcy that might be deterring you from even considering bankruptcy as a...
What does a Licensed Insolvency Trustee do?

What does a Licensed Insolvency Trustee do?

A Licensed Insolvency Trustee is a debt professional, specifically licensed to handle bankruptcies and Consumer Proposals and to provide advice on debt options to all Canadians. How exactly do they do that? Here’s a quick overview: Licensed Insolvency Trustees meet...
How to Find a Licensed Insolvency Trustee in Canada

How to Find a Licensed Insolvency Trustee in Canada

If you are in financial trouble and struggling to make meaningful payments on your debts, you might consider consulting with a Licensed Insolvency Trustee. A Licensed Insolvency Trustee can provide you with a summary of your options, including debt consolidation and...