Debt Relief Experts
Financial Literacy Needs More Thinking and Less Math
Many people think financial literacy is about learning terms, doing lot's of math like making a budget. Doug Hoyes explains why critical thinking is a more important skill to managing your money.
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.
RRSP, Registered Savings Accounts and Bankruptcy Laws
How does filing for a bankruptcy affect different registered financial accounts? Here is our comprehensive guide on how RRSPs, RRIFs, RDSPs, DPSPs, TFSAs, RESPs and others are treated in a bankruptcy.
Mortgages and Bankruptcy in Ontario: What You Need to Know
Does filing for insolvency have any impact on your mortgage? Find out what laws you need to know about that can determine if bankruptcy or consumer proposals interfere with your mortgage and how it works.
7 Facts About Your Credit Rating (What’s in your Credit Score?)
It's important to understand what impacts your credit score if you are trying to rebuild or repair a low score. We explore 7 important facts you should know and what they mean.
5 Reasons Not To File Bankruptcy
Bankruptcy is not right for everyone, we know that. We explain 5 reasons why bankruptcy may not be your best choice, from when it may be too costly or when you might not be eligible and more.
Can I Travel While Bankrupt? When Do I Need To Be in Canada?
Bankruptcy itself does not have any travel restrictions. Find out when you may need to be in Canada to fulfil your duties as required to ensure you achieve your discharge.
Why a House Does Not Guarantee Financial Security
Contrary to popular belief, buying a house does not actually translate into financial security. Doug Hoyes explores several reasons for why some homeowners may be vulnerable to a downward debt spiral.
Will Bankruptcy Affect Shared Ownership in a Cottage?
Are you or someone you know filing bankruptcy and they have a share in a family cottage? Learn about how shared real estate is dealt with in a bankruptcy and other options you may have.
Debt Happens: Why Cause and Fault are Not the Same
Your finances might be the cause of your bankruptcy but that doesn't mean it's your fault. Bankruptcy is often the result of uncontrollable life events. Learn to take the guilt out of the decision to file.
Personal Bankruptcy and Registered Education Saving Plans (RESP)
Learn about how filing for bankruptcy will affect money you may have set aside in an RESP savings and options you have to protect those funds for your children.
Renewing Your Mortgage as Rates Change
Do you know how changing mortgage rates can affect your budget? Our experts discuss how to look at the bigger picture when interest rates increase, and 4 aspects to consider during in-term renewals.
Debt Should Come With a Health and Safety Warning
More than 100,000 Canadians were impacted by an Equifax hack. It’s important to know your credit data is vulnerable, and how you can survive a credit bureau hack. Doug Hoyes provides his 8 point plan.
Will I Lose My Real Estate License if I File a Bankruptcy or Consumer Proposal in Ontario?
If you are filing for insolvency in Ontario and you are a real estate agent, you have specific notification requirements to your board. Find out what circumstances can result in a revoked licence.
How to Solve Debt Problems
Do you want to learn effective and simple strategies that can help you avoid or solve unwanted debt problems? In this blog, we explore our top 10 tips you need to successfully navigate your debts.
How One Man Survived a Layoff After 20 Years at Canada’s Biggest Company
Is it possible to be unemployed for almost a year and be able stay financially afloat? Alan Whitton, Canadian Personal Finance Blog owner, shares his personal hardships and debt tips when facing job loss.