Credit report Ontario: Introduction My Brandon’s Blog describes a Court decision that if you owe money, even if it is too late for you to be sued, it can still show up on your credit report Ontario. This is a very interesting case from the Court of Appeal for Ontario for consumers and consumer reporting. […]
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Debt management spreadsheet: Download ours for free at the bottom of this blog T’is the season to be jolly but it’s also the season that can have you taking on debt you can’t afford. If you have too much debt before you begin your holiday spending, you could make use of our debt management spreadsheet. […]
Are bankruptcy fees tax deductible: If you would like a free copy of our eBook: “Cost of Claiming Bankruptcy in Canada” – please CLICK HERE Are bankruptcy fees tax deductible: Introduction We are often asked the question “are bankruptcy fees tax deductible?”. This vlog attempts to answer that question for the various types of Canadian […]
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 […]
If you would like a free copy of our eBook: 12 THINGS A LICENSED INSOLVENCY TRUSTEE MAY NOT TELL YOU! PLEASE CLICK HERE Why won’t they tell me? It is not the case that any licensed insolvency trustee purposely won’t tell you everything you need to know. It is just that in all walks of […]
A restructuring and turnaround process that does not garner the support of the creditors can lead to bankruptcy. Bankruptcy ends up being a result of an attempt to save the business that has gone awry. There are two statutes which set out the law of bankruptcy and insolvency law in Canada, including the Canadian regimes for […]
Payday loan companies are an industry that should be put out of business. We’ve discussed their unscrupulous operations in several of our previous blogs. Payday Loan Companies: There Are Options Payday Loan Companies – Update Payday Loans Are Not The Answer To Your Financial Problems Payday Loans: Ontario Cracks Down On The Cash Store Canadian […]
In our last bankruptcy trustee blog A Balanced Budget Is To Financial Health What A Balanced Diet Is To Physical Health – Part 1, we discussed the importance of a budget to help you establish your spending limits, reduce your spending and if you stick to your budget, live within your means. This week in […]
Canada Revenue Agency social media investigative staff review your latest photos and news on social media sites that you post to. Did you know that? If you do post to social media sites and you did not know that Canada Revenue Agency social media investigative staff may be looking at your postings, then you’re like […]
Bad credit makes it impossible for you to get the credit you need in order to live your lifestyle. Making payments late or missing payments will result in a bad credit score. There is the possibility that your credit rating can be ruined even if you don’t do anything wrong. Credit is something we take […]