If you would prefer to listen to the audio version of this Brandon’s Blog, please scroll to the bottom and click on the podcast Bankrupting a corporation: Introduction I have blogged on personal and corporate insolvency matters for just over 6 years now. I have covered many topics. During a recent corporate bankruptcy consultation, I […]
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What is a receiver in insolvency? A recent case heard in the Court of Appeal for Ontario clarifies what the time limit is to object to an order made in a Court-appointed receivership of a company in Ontario. The bottom line is you better move fast. Before I describe this very interesting decision, I should […]
If you would prefer to listen to the audio version of this Brandon’s Blog, please scroll down to the bottom and click on the podcast. File for bankruptcy Ontario: Introduction Many individuals experience financial difficulty eventually in their lives. There are times you require to rely upon credit lines and credit cards to make ends […]
Bank of Canada interest rate hike dates: Introduction I have recently written blogs on debt help and signs you need bankruptcy help. I have ended recent blogs with a question: “Are you worried that the future interest rate hikes will make presently affordable commitments entirely unmanageable?”. So, I thought I would write this blog on […]
If you would rather listen to the audio version of this money saving apps Canada Brandon’s Blog, please scroll to the bottom and click on the podcast. Money saving apps Canada: Introduction If you have followed Brandon’s Blog for any time, you will know that I have written many articles on: budgeting, debt help and […]
Debt help: Introduction Canadian household debt is a problem for many Canadian families. So in this Brandon’s Blog, let’s chat about it. There are two primary techniques for debt settlement: (1) debt stacking technique (also called the debt avalanche approach) and; (2) the debt snowball technique. Debt help: Are you an avalanche or a snowball? […]
Licensed insolvency trustee: Introduction I want to chat with you today about the independence of the licensed insolvency trustee (LIT or trustee) (formerly called a bankruptcy trustee) acting as a court-appointed receiver. I have seen many times when a secured creditor needs to resort to a court appointment, and not privately appoint the receiver, yet […]
Financial disaster preparedness: Introduction The people drowning in debt are always scared of the thought of speaking to a licensed insolvency trustee (formerly known as a bankruptcy trustee (Trustee). The purpose of this Brandon’s Blog is to allow me, a Trustee, to give you some basic points on financial disaster preparedness in a non-scary way. […]
Privacy breach lawsuit: Introduction A licensed insolvency trustee (formerly known as a bankruptcy trustee) and a Court appointed Receiver are both officers of the Court. As such, they have a duty of care to all stakeholders and parties. A decision of the Supreme Court of British Columbia released in late 2018 deals with an application […]
Recent bankruptcy cases: Introduction The assault on brick-and-mortar retailers in North America continues. One of the most recent bankruptcy cases out of the USA is that of Houston-based Mattress Firm Inc. (Mattress Firm). Mattress Firm is the biggest mattress seller in the USA, has declared Chapter 11 bankruptcy. The firm plans on closing to 700 […]