Blog 2017-11-29T18:26:25+00:00

Separation, Divorce and Bankruptcy

The decision to separate or divorce is never an easy one. Combined with the emotional stress of having less income, paying lawyers, having higher costs because of operating two households, and paying alimony and support, it’s easy to see why the financial strain of divorce is one of the top reasons people file for bankruptcy. This is a complicated area especially if only one [...]

June 27th, 2014|

Selecting the right Trustee in bankruptcy

Finding a Trustee in bankruptcy is easy – just Google “bankruptcy” or flip through your phone book. Selecting a Trustee may be more difficult. Why? Taking the step to even explore the idea of bankruptcy is an emotional decision. No one wants to feel as if they failed. No one wants to let someone else know they’ve had trouble managing their finances.Yet, however difficult it [...]

May 20th, 2014|

Bankruptcy and your 407 ETR debt

Until January 2014, any debts owing to 407 ETR could result in a license plate denial – even if you filed for bankruptcy. Generally, the federal law states that debts that existed prior to an assignment in bankruptcy are erased after your discharge from bankruptcy. This “fresh start” principle allows an insolvent person to get back on their feet and move forward without the [...]

April 16th, 2014|

A Special Thank You

Most people go to work every day and perform their daily tasks because that is what they are paid to do. At Taylor Leibow, we take pride in the fact that what differentiates us from our competitors is the professional, non-judgmental, compassionate and caring manner in which we treat every debtor that enters our offices. Receiving a thank you letter, like the one below, [...]

April 2nd, 2014|

Start 2014 off right by paying down debt

Did you overspend in 2013? Did you purchase more than you can afford over the holidays? Those bills are likely piled up on your desk – or perhaps even unopened – and you’re wondering how everything is going to get paid. You are not alone. Paying down debt is a top priority for Canadians in 2014 according to a poll from CIBC. The results [...]

February 14th, 2014|

CHML Ask the Expert regarding bankruptcy and consumer proposals – October 12, 2013

Statistics published by the Office of the Superintendent of Bankruptcy report insolvency filings by debtors aged 45 – 64 makes up 43.6% of the total filings for the year 2012. On Saturday, October 16, 2013 I appeared on CHML Ask the Expert with host Shiona Thompson to discuss how a Trustee in Bankruptcy can help provide relief of a significant debt burden. Listen to the [...]

October 30th, 2013|