Debt acquired before marriage: Introduction Last week we posted a video and blog about secret debt in marriage. It’s clear from various surveys and reports that many Canadians are not pleased with the way their loved ones handle their finances. The reality is that once you get married the proverbial horse is out of the […]
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Secret debt in marriage: Introduction Now that Valentine’s Day is over, we need to not lose that loving feeling. Many Canadians are not crazy with their love one’s finances. They may wish to book a financial date evening. Many are keeping debt secrets from their partner, or fear they are hiding financial information from them. Perhaps […]
Seniors in debt Canada: Introduction A boosting variety of seniors in debt Canada are lugging financial obligations to the tomb. No pension, unanticipated expenses, or even grown-up children living in your home are all part of an economic problem bearing down our seniors. Seniors in debt Canada: Grey and broke For several senior citizens, there’s […]
How to Make Marriage Last Forever: Introduction They say that love is more important than money. Have you ever tried paying your bills with a hug? Nishan Panwar How to Make Marriage Last Forever: Love or Money? Love may be the reason you marry, but sadly it’s not enough to keep you married. I’m […]
Prepare yourself for divorce financially: Introduction There is nothing good about divorce yet Canadians continue to engage in the practice in record numbers. The divorce statistics are staggering. According to Statistics Canada: In Canada, 48% of marriages end in divorce (Ontario’s rate of divorce is 42.1%) The average length of a marriage nationally is 14 […]
The conundrum Divorce during bankruptcy Canada is the same as the old conundrum, “which arrived first; the chicken or maybe the egg”, how would one answer, marital breakdown and insolvency: which comes first? Nobody has a definitive answer because excellent arguments can be produced for both. The same is true for “divorce and personal bankruptcy […]
Grey divorce Canada on the rise Grey divorce or silver separation, whatever you choose to call it, is a sad fact of life in our society today there is a boom in the ending of the marriage of retired or near retired couples. According to Statistics Canada, the grey divorce Canada statistics shows that the […]
Introduction to bankruptcy and divorce from a Vaughan licensed insolvency trustee (“GTA Vaughan bankruptcy trustee”) As a GTA Vaughan bankruptcy trustee, I’ve never met anyone who had something good to say about bankruptcy and divorce. At times both are a necessary evil, but it’s never fun. Although divorce has been the butt of jokes by […]
Grey divorce is a growing trend Some are calling it grey divorce. Baby boomers divorcing after many years of marriage. People think they will be married forever but many times, it isn’t meant to be. People have their families, and increasingly, they then find after decades of marriage that they just can’t relate to each […]
Grey divorce support groups need to show you the sticker shock! According to Statistics Canada, “grey divorce” has been steadily growing among those 55 and over and “gray divorce” has been growing for Americans 50 and older. Regardless of the gray vs grey spelling, the issues are the same on both sides of the border. […]