Debt Relief Experts
Managing Money on a Variable Income
Managing money when your cash flow changes each month can be a challenge. Read along, as Doug chats with our podcast guest about tips on how to budget with intermittent income.
Ontario Bankruptcy Blog
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.
Take The Blame And Shame Out Of Debt Repayment
Debt can be completely out of your hands at times, and you need to establish a plan of action to get yourself onto a better financial path. Shannon Lee Simmons talks attitude and strategy when it comes to debt.
What to Know About Credit Cards So You Use Credit Wisely
Are you considering a credit card for yourself? Or you already have one and can’t figure out how to use it wisely? This post explores our top credit card tips to successfully avoid debt problems.
Can I File Bankruptcy for Payday Loans in Canada?
Taking on another payday loan to pay back existing payday loans is not the answer. Learn how a bankruptcy or consumer proposal can eliminate payday loan debt and get the help you need to break the cycle.
4 Personal Finance Ratios That Measure Your Debt Risk
Did you know there are several ratios you can use to measure your personal debt risk? Find out how to calculate these ratios and what you can do to apply the knowledge to your financial decisions.
Can You Go to Jail for Not Paying Your Debts?
A common, but false, tactic debt collectors use to scare is the threat of jail for unpaid debts. Unless you have committed fraud, find out why jail is not a risk if you default on your debt payments.
Want to Beat the Bank? Understand the Basics
Learning how to outsmart a financial institution may be very beneficial to you and your savings in the long run. Read along as Larry Bates shares his top tips on how to make these smart decisions.
Are Not-For-Profit Credit Counselling Agencies Now Just Debt Collectors?
Not-for-profit credit counselling agencies still have to get paid, and they earn kickback fees mostly from banks. Learn 5 reasons why these agencies are now just debt collectors and why it matters to you.
Think Twice Before You Get a Home Equity Line of Credit
Should you consolidate credit card debt with a home equity line of credit? Find out how a home equity line of credit works and if it’s really the right choice for you.
Should I Sell My Assets to Pay Off Debt?
Will selling your assets be the solution to your debt problems? What assets should you never liquidate to pay off debt? Doug Hoyes and Ted Michalos explain how to pay off debt and keep key assets.
Will I Lose My Inheritance in a Bankruptcy?
Learn what happens to “cash windfalls” like an inheritance or lottery win when you file bankruptcy and how you can keep these funds in a consumer proposal.
Buying and Maintaining an Affordable Car
Owning and operating a car can be a financial drain on your budget often leading to extra debt. We talk with Scott Marshall, car expert, about 8 ways to make car ownership affordable and how to save on vehicle expenses.
Will Bankruptcy or Consumer Proposal Affect My Employment?
Does your employer need to know that you are filing for bankruptcy or consumer proposal? Doug Hoyes answers the most common questions people have about whether your job will be affected by filing bankruptcy.
Getting Out Of Debt Requires A System, Not Just A Goal
Do you have a financial goal and are struggling to stick with it? We explain differences between setting goals vs systems, and the benefits of using a system approach to get yourself out of debt.
Consumer Debt Crisis is Looming: Predictions for 2019
Doug Hoyes and Ted Michalos offer their annual insights into the consumer debt crisis. Learn more about why and how they have come to their prediction.