Debt consolidation Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. This commonly refers to a personal finance process Introduction On November 16, 2018, the Canadian Association of Insolvency and Restructuring Professionals (CAIRP) issued a press release on the state of consumer insolvencies in […]
Search: “bankruptcy faq”
We found 194 results for your search.
We are trying something new. At the bottom is an audiogram of this 407 etr rates Brandon’s blog. If you would prefer to listen to it, and not read it, scroll down to the bottom and press on the play button. Let us know what you think by sending us a message in the Question […]
Consumer proposal Ontario: Introduction I am finding that more people are calling me to ask about a consumer proposal Ontario. This is a Canadian federal government authorized program for people to lower their consumer debt. What is triggering the boost in these queries? Consumer proposal Ontario: New Ipsos Canadian consumer debt survey A brand-new […]
Canada banking info collection: Introduction On October 29, 2018, the Hon. Candice Bergen (Portage– Lisgar, CPC), stood in Parliament during Question Period. She talked to troubling reports this previous weekend that Statistics Canada was taking part in Canada banking info collection without the consent of the people whose info was being asked for. Statistics Canada […]
Canadian insolvency laws: Introduction In today’s commercial world, our economy focuses on and requires Canadian insolvency laws. Insolvency is the financial condition where you cannot pay your debts as they come due and if you liquidated all of your assets, there would not be enough cash to pay off all of your debts. Insolvency […]
Form 31 proof of claim: Introduction In last week’s vlog, I reviewed why it is important to complete a form 31 proof of claim truthfully, and the penalties for filing a false claim. For both personal and corporate insolvency files, creditors call asking how to complete the document. I discuss in this vlog why it […]
Debt settlement vs consumer proposal Canada: Introduction This debt settlement vs consumer proposal Canada Brandon’s Blog is to tell you a story how a once very rich person can run into debt troubles. If you want specific information about the difference between debt settlement and consumer proposal, read our blog “DEBT SETTLEMENT OR CONSUMER PROPOSAL […]
ToToronto real estate: Introduction This Brandon’s Blog is about Toronto real estate and what happens when the purchaser experiences buyer’s remorse. “When the residential real estate market is a rising market, most people – perhaps with the exception of first-time buyers, are happy homeowners and investors. When the market turns and drops, it is not for […]
Debt forgiveness CRA: Introduction Last week we told you about professional athletes who earned enormous fortunes and blew it all on lavish, unsupportable lifestyles. The end result was bankruptcy. There is another group of professional athletes who also earned millions and ended up using a bankruptcy alternative to avoid bankruptcy, but not because they blew […]
Former pro athletes who are broke: Introduction I know that earning over $400 million and going bankrupt seems unbelievable to most of you, but it’s true. Just ask Mike Tyson. And he’s not the only one. There are many former pro athletes who are broke. They have made fortunes and lost them, with nothing to […]