Prenuptial agreements make families stronger: Introduction Every time we hear about another celebrity divorce, there’s talk about their prenup. But prenups are not new, nor are they only for the rich and famous. In fact, prenups have been around for thousands of years and historians believe they were first used in ancient Egypt. Prenuptial agreements […]
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Financial infidelity recovery: Introduction According to Psychology Today, one of the causes of marital breakdown is dishonesty and betrayal. Dishonesty and betrayal can take many forms. It can include financial dishonesty in marriage. The purpose of this vlog is to look at this issue and how to get financial infidelity recovery in a marriage. Financial infidelity recovery: Financial dishonesty […]
HISTORY OF BANKRUPTCY NEVER GETS ANCIENT History of bankruptcy: Introduction A subject that rarely gets written about is the history of bankruptcy. Understanding the history of the Canadian bankruptcy system and how it has evolved, gives a helpful look into how it works and help Canadians and Canadian society. History of bankruptcy: Helping the debtor […]
Hiding assets in bankruptcy is a huge mistake When you are contemplating filing for bankruptcy, don’t believe that hiding assets in bankruptcy proceedings will work for you. A licensed insolvency trustee is very good at finding undisclosed property. And if you intentionally try to hide assets, you could face severe consequences. Some people filing for […]
Introduction As a licensed insolvency trustee Toronto, when I first came across this study, frankly I was quite surprised. After all, how could my neighbour’s good luck have such an adverse effect on me? Nevertheless, according to a study co-authored by University of Alberta professor, Barry Scholnick for the Federal Reserve Bank of Philadelphia, if […]
What are subprime personal loans? Subprime personal loans lending is dangerous business. It was instrumental in pushing the U.S. financial system to the brink of collapse from 2007 – 2008. You may have read the book or seen the movie The Big Short. It is a 2015 American film directed and co-written by Adam McKay. […]
Consumer proposal faqs We have made this video to answer the Consumer Proposal FAQs that we are normally asked. This information will hopefully help you understand better how it can help you clear your debts and AVOID bankruptcy. Our related blogs and vlogs In addition to this video, you can also check out other blogs […]
Financial infidelity meaning Financial infidelity occurs when couples with joint finances lie to each other about money. For example, one partner may hide significant debts in a separate account while the other partner is unaware. Couples need financial infidelity help The media describes the topic of financial infidelity often. We have also written about financial infidelity […]
Financial infidelity: Introduction Financial infidelity is on the rise and for some strange reason marriage finances is a taboo subject for many married people. Spouses are lying to each about how much they earn. Forty percent (40%) could not correctly identify which salary range their spouse falls into. Couples are not being honest about what […]
Nothing is certain except death and taxes. Benjamin Franklin The tax lawyer learned another certainty that the Canada Revenue Agency (CRA) will get what’s coming to them even if your name is Philippe DioGuardi and you have a radio advertising campaign with slogans that include: “I don’t cheat, I change the game.” “Tax problems end […]