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DEBT CONSOLIDATION IN CANADA: DEBT CONSOLIDATION CANADA REVIEWS

Post author By Brandon Smith
Post date September 18, 2019

Introduction In Brandon’s Blog, I will be talking about both the advantages and disadvantages of debt consolidation in Canada. Generally, when we hear the words “debt consolidation”, we recognize that we are talking about a loan. We are taking on a new loan, in order to repay several or many smaller outstanding balances. What is […]

Tags Bankruptcy and Insolvency Act, budgeting, consolidating debt, Consumer Proposal, credit card, credit report, credit score, debt consolidation, debt consolidation in canada, debt consolidation loan, debt consolidation loans, Does a debt consolidation loan look bad?, How does debt consolidation affect your credit score?, Is it a good idea to get a debt consolidation loan?, Should I get a loan to pay off my credit cards?, What happens when you consolidate your debt?, What is the smartest way to consolidate debt?

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HOW TO FILE FOR BANKRUPTCY IN CANADA: PERSONAL BANKRUPTCY MODUS OPERANDI

Post author By Brandon Smith
Post date September 16, 2019

If you would prefer to listen to the audio version of this how to file for bankruptcy in Canada Brandon’s Blog, please scroll to the bottom and click on the podcast below Introduction I am most often asked by people how to file for bankruptcy in Canada. When I receive that question, I tell people […]

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BANKRUPTCY EXPERTS WEIGH IN ON US & CDN SMALL BIZ RESTRUCTURING

Post author By Brandon Smith
Post date September 11, 2019

Introduction Small and medium-sized businesses play a vital role in all worldwide economies. Bankruptcy experts in the USA identified problems. The Chapter 11 bankruptcy protection process for these companies was not working. It is pricey, usually ineffective and impractical. So, many businesses in the USA in need of restructuring could not have access to the […]

Tags Bankruptcy and Insolvency Act, bankruptcy experts, BIA, business restructuring proposal, Canada Revenue Agency, CCAA, chapter 11 bankruptcy protection, Companies’ Creditors Arrangement Act, consumer proposals, CRA, Debt, Division I Proposal, Ira Smith Trustee, licensed insolvency trustee, notice of intention to make a proposal, proof of claim, restructuring, Small Business Reorganization Act

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CANADA STUDENT LOAN FORGIVENESS: BANKRUPTCY TREATS STUDENT LOANS FAIRLY

Post author By Brandon Smith
Post date September 4, 2019

UPDATE OCTOBER 30, 2019: On September 27, 2019, the Court of Queen’s Bench of Alberta issued its decision on the appeal of this case. The decision described in this Brandon’s Blog was reversed. You can read about it in our new blog: STUDENT LOAN BANKRUPTCY DISCHARGE CANADA: REGISTRAR DECISION REVERSED “Forgiveness does not change the […]

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CANADA BANKRUPTCY AND INSOLVENCY ACT GRANTS STAY OF EXECUTION

Post author By Brandon Smith
Post date August 28, 2019

canada bankruptcy and insolvency act Canada bankruptcy and insolvency act introduction The Canada Bankruptcy and Insolvency Act is a federal statute. It attempts to balance the rights of an insolvent debtor with the rights of creditors to get paid. One of those balancing acts is that when you file under the statute, the person filing […]

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FINANCIAL LITERACY: FINANCIAL LITERACY FOR HIGH SCHOOL STUDENTS IN ONTARIO

Post author By Brandon Smith
Post date August 26, 2019

If you would prefer to listen to the audio version of this financial literacy Brandon’s Blog, please scroll to the bottom and click on the podcast Introduction When I was in high school, I was very fortunate. I thankfully took two accounting courses, in addition to the normal reading, writing and arithmetic. It was in […]

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COLLECTION AGENCY ONTARIO: HOW DO COLLECTION AGENCIES WORK IN ONTARIO?

Post author By Brandon Smith
Post date August 19, 2019

If you would prefer to listen to the audio version of this collection agency Ontario Brandon’s Blog, please scroll to the bottom of this page and click on the podcast Introduction In many of the free consultations I provide, the issue of collection agency Ontario arises. More often than not, people and companies that are […]

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BANKRUPTCY TRUSTEE IN ONTARIO: REMARKABLE CARE NEEDED TO TAKE OVER A CLAIM

Post author By Brandon Smith
Post date August 12, 2019

If you would prefer to listen to an audio version of this bankruptcy trustee in Ontario Brandon’s Blog, please scroll to the bottom and click on the podcast. Bankruptcy trustee in Ontario: Introduction As a bankruptcy trustee in Ontario (now called a licensed insolvency trustee ), there are many times where our investigation indicates that […]

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CREDIT CARD DEBT AFTER DEATH IN CANADA: WHO IS RESPONSIBLE?

Post author By Brandon Smith
Post date August 7, 2019

Introduction The other day I received a phone call from a fellow wanting to know who is responsible for credit card debt after death in Canada. He was, unfortunately, suffering from a terminal illness and wanted to get his affairs in order. His wife will be both the Estate Trustee and beneficiary under his will. […]

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LICENSED INSOLVENCY TRUSTEES: CAN MY BASIC BANKRUPTCY DISCHARGE BE REVERSED?

Post author By Brandon Smith
Post date July 22, 2019

If you would prefer to listen to an audio version of this licensed insolvency trustees Brandon’s Blog, please scroll to the bottom and click on the podcast. Licensed insolvency trustees introduction From time to time I am asked an interesting question about licensed insolvency trustees and the bankruptcy process. The question is, can a bankruptcy […]

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