{"id":477,"date":"2013-12-10T21:00:46","date_gmt":"2013-12-10T21:00:46","guid":{"rendered":"http:\/\/www.irasmithinc.com\/blog\/?p=477"},"modified":"2014-05-07T18:11:44","modified_gmt":"2014-05-07T22:11:44","slug":"dont-be-mislead-by-advertising-giving-financial-advice","status":"publish","type":"post","link":"https:\/\/irasmithinc.com\/blog\/dont-be-mislead-by-advertising-giving-financial-advice\/","title":{"rendered":"DON\u2019T BE MISLEAD BY ADVERTISING GIVING FINANCIAL ADVICE"},"content":{"rendered":"<p><a href=\"http:\/\/www.irasmithinc.com\/blog\/wp-content\/uploads\/2013\/12\/tax-lawyer-trustee-trustee-in-bankruptcy-bankruptcy-trustee-bankruptcy-bankruptcy-alternatives-credit-counselling-debt-consolidation-consumer-proposals-financial-restructuring-insolvency.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-481 size-medium\" src=\"http:\/\/www.irasmithinc.com\/blog\/wp-content\/uploads\/2013\/12\/tax-lawyer-trustee-trustee-in-bankruptcy-bankruptcy-trustee-bankruptcy-bankruptcy-alternatives-credit-counselling-debt-consolidation-consumer-proposals-financial-restructuring-insolvency-300x238.jpeg\" alt=\"tax lawyer, trustee, trustee in bankruptcy, bankruptcy trustee, bankruptcy, bankruptcy alternatives, credit counselling, debt consolidation, consumer proposals, financial restructuring, bankruptcy faqs, insolvency, tax lawyer in canada\" width=\"300\" height=\"238\" title=\"\" srcset=\"https:\/\/irasmithinc.com\/blog\/wp-content\/uploads\/2013\/12\/tax-lawyer-trustee-trustee-in-bankruptcy-bankruptcy-trustee-bankruptcy-bankruptcy-alternatives-credit-counselling-debt-consolidation-consumer-proposals-financial-restructuring-insolvency-300x238.jpeg 300w, https:\/\/irasmithinc.com\/blog\/wp-content\/uploads\/2013\/12\/tax-lawyer-trustee-trustee-in-bankruptcy-bankruptcy-trustee-bankruptcy-bankruptcy-alternatives-credit-counselling-debt-consolidation-consumer-proposals-financial-restructuring-insolvency-376x300.jpeg 376w, https:\/\/irasmithinc.com\/blog\/wp-content\/uploads\/2013\/12\/tax-lawyer-trustee-trustee-in-bankruptcy-bankruptcy-trustee-bankruptcy-bankruptcy-alternatives-credit-counselling-debt-consolidation-consumer-proposals-financial-restructuring-insolvency.jpeg 388w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Have you heard the radio advertising spots by a tax lawyer in Canada who is trying very hard to make you believe that he is <i>The Rock Star<\/i> in the world of tax problems and that <i>he and only he<\/i> can help you? One commercial ends with, \u201cDon&#8217;t call a Trustee, call me\u201d. Isn\u2019t it amazing that without knowing anything about you and without a consultation, he knows exactly what your problems are and how to fix them? And, he has no way to know if a <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-personal_why-use-a-trustee.html\">Trustee<\/a> is all you require to solve your serious debt issues. However, fear based advertising must be working for him because he spends fortunes on it.<\/p>\n<p>Don\u2019t take advice from an advertisement. If you have legal issues, absolutely you need a lawyer in Canada. But, the reality is that Canadian <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services.html\">bankruptcy<\/a> law doesn\u2019t differentiate between tax debts and other kinds of unsecured debt, therefore most people can <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-personal_the-bankruptcy-process.html\">declare bankruptcy<\/a> on taxes owing.\u00a0In fact, 50% of the people who file a <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-personal_consumer-proposal.html\">consumer proposal<\/a> or declare <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_personal.html\">personal bankruptcy<\/a> include some form of tax debt.\u00a0If you are experiencing serious debt problems you must consult with a <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-personal_why-use-a-trustee.html\">Trustee<\/a> before declaring bankruptcy;\u00a0 no doubt you will have many questions about the <a href=\"http:\/\/www.irasmithinc.com\/faq.html\">bankruptcy process<\/a>. The Trustee will evaluate your case and advise you on all of your <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-personal_bankruptcy-alternatives.html\">alternatives<\/a> \u2013 <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-personal_credit_counselling.html\">credit counselling<\/a>, <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-personal_debt-consolidation.html\">debt consolidation<\/a>, <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-personal_consumer-proposal.html\">consumer proposals<\/a>, and bankruptcy. <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_personal.html\">Bankruptcy<\/a> and <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-personal_consumer-proposal.html\">consumer proposals<\/a> are administered by a <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-personal_why-use-a-trustee.html\">Bankruptcy Trustee<\/a>, not a lawyer. In fact you cannot <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-personal_the-bankruptcy-process.html\">declare bankruptcy<\/a> through a lawyer unless the lawyer is also a Trustee in Bankruptcy.<\/p>\n<p>There are cases in which you may need a lawyer:<\/p>\n<ul>\n<li>Tax debts are generally discharged in <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_personal.html\">bankruptcy<\/a> like other debts. However, if you have tax debts and the CRA (Canada Revenue Agency) is opposing your discharge, it is recommended that you seek legal assistance.<\/li>\n<li>In most cases <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-personal_why-use-a-trustee.html\">Trustees<\/a> do not act as your advocate. If you believe you need an advocate, you should consult a lawyer. Communication between you and your lawyer is confidential and privileged.<\/li>\n<\/ul>\n<p>This is not an advertisement and we\u2019re not telling you that we are <i>Rock Stars<\/i>. <a href=\"http:\/\/www.irasmithinc.com\/index.html\">Ira Smith Trustee &amp; Receiver Inc.<\/a> is a full service insolvency and <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-corporate_restructuring-and-turnarounds.html\">financial restructuring<\/a> practice serving companies and individuals throughout the Greater Toronto Area (GTA) facing financial crisis or bankruptcy that need a plan for <a href=\"http:\/\/www.irasmithinc.com\/index.html\">Starting Over, Starting Now<\/a>. We approach every file with the attitude that corporate or personal financial problems can be solved given immediate action and the right plan. Our bankruptcy\u00a0\u00a0law is complicated. Canada (Superintendent of Bankruptcy) v. 407 ETR. \u00a0Also check out our <a href=\"http:\/\/www.irasmithinc.com\/faq.html\">bankruptcy faqs<\/a>.\u00a0 If you\u2019re having serious debt issues, and yes, even tax debt, <a href=\"http:\/\/www.irasmithinc.com\/contact_us.html\">contact<\/a> us today. We can provide you with realistic choices for practical decision-making.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Have you heard the radio advertising spots by a tax lawyer in Canada who is trying very hard to make you believe that he is The Rock Star in the world of tax problems and that he and only he can help you? One commercial ends with, \u201cDon&#8217;t call a Trustee, call me\u201d. Isn\u2019t it [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[5,26,233,34,6,24,25,20,65,94,33,12,232,11,131],"class_list":["post-477","post","type-post","status-publish","format-standard","hentry","category-brandon-blog-post","tag-bankruptcy","tag-bankruptcy-alternatives","tag-bankruptcy-faqs","tag-bankruptcy-trustee","tag-consumer-proposal","tag-consumer-proposals","tag-credit-counselling","tag-debt-consolidation","tag-financial-restructuring","tag-insolvency","tag-personal-bankruptcy","tag-tax-lawyer","tag-tax-lawyer-in-canada","tag-trustee","tag-trustee-in-bankruptcy"],"_links":{"self":[{"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/posts\/477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/comments?post=477"}],"version-history":[{"count":11,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/posts\/477\/revisions"}],"predecessor-version":[{"id":879,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/posts\/477\/revisions\/879"}],"wp:attachment":[{"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/media?parent=477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/categories?post=477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/tags?post=477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}