<h2> Bankruptcy and Insolvency Act (R.S.C., 1985, c. B-3) (BIA): Introduction On April 13, 2023, the Supreme Court of Canada (SCC) dismissed the application by the legal counsel of a former bankrupt and his wife for leave to appeal the costs awarded against them in a decision of the Court of Appeal for Ontario. As […]
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Construction Act, R.S.O. 1990, c. C.30: Introduction In May 2020, I wrote Brandon’s Blog CONSTRUCTION LIEN ACT: CAN YOU TRUST AN INSOLVENCY PROCEEDING? In October 2021, I wrote CONSTRUCTION LIEN ACT OF ONTARIO: THE GRIPPING FIGHT BETWEEN LIEN FILING, A PRIOR MORTGAGE & RECEIVER FEES. In that blog, I wrote about what a construction lien is […]
Romance Scams: Introduction Doubtless, you read many blogs in the last couple of weeks that incorporated Valentine’s Day into their theme. Now that Valentine’s Day 2023 has passed, I thought I would write about an increasing trend among online scams; romance scams. Online romance scams are becoming increasingly prevalent and can have severe financial and […]
officers and directors Officers and Directors: Introduction In Canada, it is essential that the individual orchestrating any criminal activity must have the necessary competency to commit the offence before any corporate responsibility can be assumed. The executives and board members of the enterprise are viewed as the ultimate custodians of the company’s ethical obligations. Welcome […]
<h2> Canadians want to pay off debt in 2023: CIBC survey overview The latest Canadian Imperial Bank of Commerce (CIBC) analysis shows that Canadians aim to pay off debt in 2023. This is good news, as being in debt can lead to banking aches and pains for individuals and families and places everybody in a […]
Our most read blogs in 2022: Did people still consume blog content in 2022? It is challenging to accurately ascertain the number of individuals who engaged in blog reading in 2022, as such information is not publicly accessible. However, if the performance of our blog, Brandon’s Blog, is any indication, blog reading should remain a […]
Toronto payday loans popularity The city of Toronto is Ontario’s largest city and is home to a growing number of individuals and families who are financially strapped and in need of quick financial assistance. Payday loans, which are short-term personal loans typically used to cover unexpected expenses, are becoming increasingly popular amongst Toronto residents due […]
Consumer proposal calculator: When should you think about a consumer proposal? Debt can be a heavy burden, and it seems like there’s no end in sight. If you’re having a hard time making ends meet and debt is taking over your life, you may be asking yourself if a consumer proposal is right for you. […]
<h2> You can easily find a licensed insolvency trustee near me or you There are Licensed Insolvency Trustees (LITs) (formerly called a bankruptcy trustee or trustees in bankruptcy) all over Canada who can help you with your debt problems. They’re the only debt professionals and debt advisors regulated by the federal government and are experienced […]
First mortgagee: What is the definition of a mortgagee? A mortgagee is a person or company who gives a loan and uses the property as security for the debt. The mortgagee is the lender. The property owner who borrows the money is called the mortgagor. I have acted in many real estate receivership matters. Real […]