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bankruptcy

25 Jun Is Bankruptcy a Bad Thing?

Posted at 18:58h in Bankruptcy, Blog by Shirley Tomyn

Many Canadians today are feeling the ‘economic crunch’. Our current economic environment seems unstable and heading in an even bleaker direction. Even full-time employment is not giving anyone much comfort...

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mortgage rates in Canada

12 Dec Soaring Mortgage and Interest Rate Increases Are Making Housing In Canada Unaffordable

Posted at 11:10h in Blog, Debt, Money Management by Shirley Tomyn

Over the past few years, there has been a lot of turmoil in Canada’s and the world's economies, especially the housing market. Interest rates on bank loans and mortgages plummeted...

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Subprime Loans

08 Jul What Are Subprime Loans?

Posted at 07:53h in Blog, Debt by Shirley Tomyn

In the last ten years, subprime loans from non bank lenders have gained market share for people or companies looking for a loan or mortgage. Often, it can be difficult...

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How to Choose the Right Credit Card

13 Dec How to Choose the Right Credit Card

Posted at 18:23h in Blog, Money Management by Shirley Tomyn

No single credit card is better than all others in all categories, or for all people.  However, understanding your numerous options and asking the right questions (or knowing where to...

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Understanding the Bankruptcy Mediation Process

22 Jun Understanding the Bankruptcy Mediation Process

Posted at 19:17h in Bankruptcy, Blog by Shirley Tomyn

One of the options for obtaining relief from your debts is to file for Bankruptcy protection. This can sometimes be the most practical option when a consolidation loan or a...

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BC Bankruptcy Exemptions

20 May BC Bankruptcy Exemptions: Will I Lose Everything if I File for Bankruptcy?

Posted at 19:58h in Bankruptcy, Blog by Shirley Tomyn

One of the misconceptions about filing for personal Bankruptcy is that a person thinks that they may lose valuable assets. In fact, the stated intent of the Federal legislation is...

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financial counselling

18 Jan Financial Counselling is Available

Posted at 15:40h in Blog, Money Management by Shirley Tomyn

Many people struggle managing their monthly budget and could benefit from receiving financial counselling. Or in other words, a money coach. Financial counselling, sometimes called credit counselling, is available at...

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ICBC Debt

13 Oct How Claiming Bankruptcy Affects ICBC Debt

Posted at 09:07h in Bankruptcy, Blog by Shirley Tomyn

It is interesting to meet people who have different stress thresholds when it comes to debt. Some people are terrified about having $10,000 in debt while others are quite comfortable...

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