Our knowledgeable team of Licensed Insolvency Trustees provide information and expert advice to help you on your way to becoming debt free. Our blog includes podcasts, videos, articles, case studies and Industry Insights about consumer proposals and bankruptcy in Ontario as well as personal finance, credit rebuilding and other money management tips for anyone looking to get out of, or stay out of, debt.
Will bankruptcy deal with past due rent? Ted Michalos explains more about rent arrears in an insolvency and whether you can effectively stop an eviction by filing a bankruptcy or proposal in Canada.
A consumer proposal eliminates your obligation to pay back unsecured debt. But what happens to your cosigner? Learn how cosigned debt is treated in a consumer proposal or bankruptcy.
A creditor’s meeting in a bankruptcy is rare, but it is still important to know what they entail if it happens to you. This blog offers an easy-to-understand explanation of typical creditor’s meetings.
Are you finding that bankruptcy options are overwhelming and difficult to understand? Doug Hoyes explains the 4 most common forms of bankruptcy options you may be eligible for in Canada.
An increasing number of seniors in Canada are carrying large amounts of debts into their retirement. We explore what this means and what you can do if you are struggling to pay down your debts.
Did you know there are two types of proposals in Canada? Learn more about what a consumer proposal and a Division I proposal means for you and your creditors, and which may be the best choice for you.
How your creditors vote is one of the most common concerns clients have in a consumer proposal. We explain, in simple terms, how voting works in a proposal and when a consumer proposal is approved.
Getting a debt consolidation loan to pay off debt seems like a simple solution, but it may not be. In this detailed guide, we explain everything you need to know before applying for a consolidation loan.
Did you know there is a surplus income penalty in a bankruptcy if you make more than the ‘threshold’ income? Doug Hoyes explains how to calculate this and ways you can avoid a penalty all together.
Doug Hoyes explains the difference between a business and personal bankruptcy and what business debts are eliminated by filing personal bankruptcy and which remain.
Do you own a joint asset with an individual who is declaring bankruptcy? Find out the impact that bankruptcy has on jointly owned homes, vehicles, and bank accounts, and what you can do.
Are you considering filing for a consumer proposal and are curious about what makes the contract legal? We’ll show you what makes a proposal legally binding and what say your creditors have in the process.
Consumer proposals are often the most misunderstood debt relief option, even thought they are fairly simple. Read along as Doug Hoyes debunks the 10 most common misconceptions about consumer proposals.
It's possible to stave off bankruptcy or choose better debt relief alternatives. Doug Hoyes explains how you can deal with debt on your own, and what other alternatives you have if you have too much debt.
Has the Canada Revenue Agency issued a legal notice to you called a Requirement to Pay? Find out what to do if this happens to you and what you need to know as the taxpayer.
Debt Relief Experts
