Sometimes in life, there are things that you just know that you have to do. For example, changing jobs, moving to a new location, changing relationships, and possibly changing your finances by declaring bankruptcy. While these decisions are not easy ones, you have likely put a lot of thought into it...

Often when we meet with people the question comes up about how their credit score will be impacted. A justifiable concern. If you are in a position where you are missing payments, or had a vehicle repossessed, your credit score has already been roughed up. Choosing the government approved option of...

In recent months, more companies than ever are facing financial difficulty. Insolvency filings have increased in both the oil and gas industry as well as retail. Companies, such as Reitmans, have had to seek protection from their creditors to avoid bankruptcy. When companies or individuals are faced with aggressive creditors,...

Your financial institution has sent you a letter stating that they are taking legal action to foreclose on your home. What should you expect? Foreclosures occur when homeowners are unable to pay back the lender of their mortgage, whether it be a financial institution, bank, or credit union. The institution who...

Accumulating too much debt typically does not happen overnight. It is more often a gradual process that builds up over many months and even years. As you go along making minimum payments everything appears to be just fine and life is good. However, if making those minimum debt payments is...

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...

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...

We remain open for business and are fully operational. Offices are open for appointments only, however we are available to serve you remotely. Please contact us to discuss your options during this challenging time.
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