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.
Payday loans are detrimental to consumers, as we observe firsthand through our firm. Our experts dive into the world of alternative financial services and what our ideas are for regulating this industry.
We strongly suggest opening a new account when you file insolvency, especially if you owe money to the bank where you have a deposit account. We explain how to open a new account and why this is important.
There is a difference between government student loans like OSAP and Canada Student Loans and a line of credit at a bank or credit union when it comes to insolvency. Learn more here.
It is mandatory to file insolvency through a Licensed Insolvency Trustee in Canada. Find out all the information you’ll need to provide for them, as well as the documents required to file bankruptcy.
If you are considering filing for bankruptcy, it is crucial to know what it fully entails. We’ll show you how to calculate the cost, how it affects your credit and how bankruptcy can remove debt stress.
It is possible for a creditor to oppose a bankruptcy discharge. What does a discharge hearing look like and how does the trustee, creditor and bankrupt prepare for this meeting.
Is your next financial decision a bankruptcy or consumer proposal? In Canada, you are required to use a Licensed Insolvency Trustee to file insolvency. learn how to pick the right one using five questions.
Credit card use has increased across all demographics in Canada. In this blog find out how one of our clients fell into debt using credit and learn 7 signs that signal you're in credit card danger.
Consumers need credit for certain things, but can you get a credit card during a bankruptcy? Learn the pros and cons of obtaining new credit during, and after your bankruptcy.
Doug Hoyes reviews the business side of credit counselling, how agencies are funded by big banks and why it may not always be the best solution to get out of debt.
Why is it important for debt settlement services to be regulated? Doug Hoyes and Ted Michalos discuss the new legislation, how it protects consumers and offer an alternative solution for debt relief.
In 2015, new legislation that regulates debt settlement companies was enacted in Canada. Find out exactly how this law protects consumers and what its impacts are on other financial services.
What makes a debt a joint debt? What are the implications of cosigning a loan with your spouse. Doug Hoyes reviews when you are responsible for your spouse's debts and what happens if they file insolvency.
Bankruptcy provides protection from collection calls, however not all creditors get the message. Find out the three things to say if a collection agent calls you and when to turn to your trustee for help.
We look at two consolidation options: refinancing through a second mortgage or secured line of credit if you own a home and the pros and cons of consolidation loans if you have poor credit.
Debt Relief Experts
