What is the First Step to Filing a Bankruptcy or Consumer Proposal?
If you have finally taken the very difficult step of acknowledging that you cannot handle your debt [...]
What happens if I can no longer continue my business due to overwhelming debt?
The Office of the Superintendent of Bankruptcy reported a 58.3% increase in Canadian business insolvency filings in [...]
Starting 2023 with a Financial Fresh Start
We likely all welcomed the lifting of pandemic restrictions and the return to in-person activities in 2022. [...]
A True Fresh Start from Filing a Consumer Proposal
Three years ago, I met with a gentleman who had no source of income, was unable to [...]
Office of the Superintendent of Bankruptcy’s (“OSB”) 2021 Canadian Consumer Debtor Profile
Almost every person that I consult with about a personal bankruptcy or proposal has unique circumstances or [...]
Tips to Adjust for the Increased Cost of Living
September 6, 2022 Have you actually sat down and analyzed how much groceries have increased over the [...]
Undischarged Bankrupt – What Does It Mean?
One of the more popular searches reaching our website is for the term “undischarged bankrupt” so I [...]
Who Goes to See a Licensed Insolvency Trustee? March 11, 2022
Back in 2018, I wrote a series of blogs on “Who goes to see a Licensed Insolvency [...]
Causes of Financial Difficulty
People can be hard on themselves when they are unable to pay their debt obligations. They often [...]
How To Pay Off Credit Card Debt
The average rate of interest charged on credit card debt in Canada is 19%. Some credit cards [...]
