25 Aug Eat Your Way to Healthy Finances

Posted at 05:56h in Blog by Derek L. Chase, CPA, CA, LIT

The majority of Licensed Insolvency Trustees across Canada have an accounting background and many, such as our office, are Chartered Professional Accountants (CPAs). That means we like numbers and have a keen eye for how changing numbers can make an impact on your bottom line. We are also trained and...

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25 Aug How to Get Tax Debt Relief from CRA

Posted at 05:55h in Blog by Derek L. Chase, CPA, CA, LIT

There are no shortage of ways that you can end up owing taxes to Canada Revenue Agency (formerly Revenue Canada) and there are several different types of taxes that you can owe. Over the years, we have seen people get into tax debt mostly because they are self-employed. However, there are...

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25 Aug Is a Consumer Proposal Right for Me?

Posted at 05:54h in Blog by Derek L. Chase, CPA, CA, LIT

A consumer proposal is a Government of Canada federally approved program that allows an individual to make an offer, or proposal, to their creditors to pay back a portion of the debt they owe. This method of debt consolidation must be made via a Licensed Insolvency Trustee as there is...

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25 Aug Will I Lose My Car if I Need Debt Help?

Posted at 05:53h in Blog by Derek L. Chase, CPA, CA, LIT

As a federally Licensed Insolvency Trustee, we often meet with individuals looking to get relief from their debts and obtain a fresh start. However, in many cases, people have a vehicle that is critical to their future employment or business interests. As a result, there is an obvious concern as...

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25 Aug 5 Ways to Improve Your Quarantine Finances

Posted at 05:52h in Blog by Derek L. Chase, CPA, CA, LIT

As we collectively seek to flatten the curve of the coronavirus pandemic, one of the top recommendations of Dr. Bonnie Henry and the Provincial Government is to stay at home. Many people have been forced off work while others are staying home because of immune system deficiencies. Still others have...

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25 Aug Managing Debt During the Coronavirus

Posted at 05:52h in Blog by Derek L. Chase, CPA, CA, LIT

As a Licensed Insolvency Trustee, we are uniquely equipped to communicate with individuals and businesses that are under financial stress. Each day we provide financial counselling and advise people how to acquire help with their debts. After helping thousands of people obtain a fresh start, we understand the best practices...

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25 Aug How to Juggle Finances and a Job Loss

Posted at 05:50h in Blog by Derek L. Chase, CPA, CA, LIT

There is never a good time to lose a job. As many Canadians are finding out, job loss can happen quickly and without warning. Questions quickly come to mind like how will I be able to make my payments and when will I start to get employment insurance. In our opinion,...

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25 Aug A Good Bookkeeper is Golden

Posted at 05:50h in Blog by Derek L. Chase, CPA, CA, LIT

Have you ever tried to find something in the dark? Even if you are in your own home and trying to locate an item in the dark, chances are, you are going to stumble around a little bit, maybe stub your toe, and still not find what you were looking...

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25 Aug 3 Things to Bring to Your First Meeting with a LIT (Licensed Insolvency Trustee)

Posted at 05:49h in Blog by Derek L. Chase, CPA, CA, LIT

If your finances are under stress you are not alone. Each month thousands of Canadians from coast to coast are looking for ways to consolidate their debt and stop debt collectors from calling. A fantastic source of information about your options can be found at the office of a Licensed Insolvency...

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25 Aug Turn the Lights Off!

Posted at 05:49h in Blog by Derek L. Chase, CPA, CA, LIT

As we progress into fall and move towards winter, the daylight hours become fewer. Many of you may recall hearing an adult in the household say, “turn the lights off when you are not using them!”. This probably does not carry much urgency unless you are the one paying BC...

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