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Brandon Blog Post

#VIDEO-TOP CONSUMER SCAMS TO WATCH FOR IN 2017#

This video is courtesy of ABC News. References to IRS can be replaced with CRA. The top consumer scams to watch for in 2017 will know no geographical boundaries. Top Consumer Scams To Watch For In 2017: Introduction Consumer experts are already predicting the rip-offs and top consumer scams to watch for in 2017. Our […]

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Brandon Blog Post

CONSUMER DEBT CANADA & TORONTO HOUSING BOOM PUTS CANADA’S ECONOMY AT RISK

Consumer debt Canada: Introduction Consumer debt Canada and household debt as a percentage of income remains a hot topic these days. The high household debt as a percentage of income coupled with a Toronto housing boom and until recently a Vancouver housing boom, puts Canada’s economy at risk. Whenever we thought that Canada’s consumer debt […]

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Brandon Blog Post

COMMERCIAL PROPOSAL – CORPORATE RESTRUCTURING PART 3

In last week’s blog we discussed the stakeholders and key players and their roles in a corporate restructuring. This week we’ll be addressing the Division 1 Proposal, commonly referred to as a Commercial Proposal or the Proposal. What is a Division 1 Proposal? The Division 1 Proposal is a legal document typically drawn up by […]

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Brandon Blog Post

Facing an Agonizing 2027 Mortgage Loan Renewal in Toronto? Do You Really Need to Sell, or Is There Another Way?

I hope you and your family are safe and well. If your Toronto or GTA mortgage loan is renewing in 2027, it is understandable to feel anxious, especially if your home has lost value, your mortgage loan balance remains high, or your income and other debts have changed. But such a renewal situation does not […]

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Brandon Blog Post

Financial Reorganization Services vs. Small Business Bankruptcy in Ontario: Which Is Undeniably Right for Your Company?

  I hope you, your team and your business are safe and well. If your company is under financial pressure, please know that this situation is not a personal failure. Many capable business owners face periods when cash flow, debt and creditor demands become difficult to manage. Seeking advice early is an act of responsible […]

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Brandon Blog Post

Stop the Minimum Credit Card Payment Cycle: Your Guide to Debt Relief in Ontario

Hello, and I hope you and your family are safe and well. If you are making your credit card payments but still feel as though the balance barely moves, you are not alone. Many Canadians are caught in the minimum credit card payment trap: the account remains in good standing, but high interest and a […]

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Brandon Blog Post

Office of the Superintendent of Bankruptcy Predicts 2026–2027 Insolvency Surge

Hello and welcome. If you are reading this today, you may be carrying a heavy burden of worry about your financial future, wondering how long you can keep juggling mounting bills, escalating mortgage payments, and growing credit card balances. We want you to take a deep, calming breath. You are safe here, and you are […]

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Brandon Blog Post

The Prince Harry Effect: How Lifestyle Creep Tanks Even Royal-Sized Fortunes

At Ira Smith Trustee & Receiver Inc., we hope you are safe, well, and in good spirits. We understand that financial stress does not discriminate based on your bank balance or your social standing. Just look at the recently reported Prince Harry financial problems, which we discuss below. Whether you are navigating the complexities of […]

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Brandon Blog Post

GTA General Contractor and Construction Insolvency Solutions: Here Are 10 Things You Should Know

I hope you and your family are staying safe and well. At Ira Smith Trustee & Receiver Inc., we understand that the current economic climate in the Greater Toronto Area (GTA) has placed an unprecedented burden on the GTA general contractor community and everyone else in or relying upon the construction industry. If your company […]

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Brandon Blog Post

Business Receiverships Secrets Revealed: What Experts Don’t Want You to Know About the Ontario Process

Hello. We hope you are finding a moment of calm today amidst whatever financial challenges you may be navigating. At Ira Smith Trustee & Receiver Inc., we understand that the weight of corporate debt can feel like a mountain pressing down on you and your family. We want you to know that you are safe […]

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