Find a wide selection of articles and videos about credit score, declaring bankruptcy, consumer proposals, and what a Licensed Insolvency Trustee is exactly.
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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...
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...
It seems that everywhere you turn, people are struggling financially. With the rising cost of everything from gas to groceries, it’s no surprise that the average Canadian is ending the month with less cash, and sometimes just a bit further behind. There’s no doubt...
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...
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...
Whether you're an individual or a business owner, one way or another, you will have some form of debt at a certain point in your life. However, when debt spirals out of control or you are no longer able to meet your financial obligations, it can quickly turn into a...
After filing for Bankruptcy or a Consumer Proposal in Winnipeg, the Trustee will often recommend that you change bank accounts. Why is that? There are a few reasons, which we will outline below for you. Why do I need to change bank accounts after I’ve filed a Consumer...
There are many different types of debt available to those looking for financial options. Not all debt is bad – debt can be used to finance acquisition of an asset, such as a car loan, or using a mortgage to purchase a home. Personal loans are becoming a popular way...
If I file for Bankruptcy what will happen to my spouse? It is a common concern that we see, if someone files for bankruptcy that it will negatively affect their spouse. You may be worried that they will be forced into bankruptcy as well. You may worry that your...
