25 Aug Spring into Savings: Way to Save Money and Reach Your Financial Goals

Posted at 05:41h in Blog by Derek L. Chase, CPA, CA, LIT

Savings. What’s that? For so many people, the concept of savings seems like a fairy tale. Living month to month or paycheque to paycheque is a challenge in itself. So many times it seems like there is more month than money. It is not unusual to start off with the...

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25 Aug Bankruptcy Advice: 3 Reasons Bankruptcy Could Be the Right Choice

Posted at 05:41h in Blog by Derek L. Chase, CPA, CA, LIT

There are a variety of options for reorganizing your finances and the internet can make some look a lot better than how they actually turn out. We have talked with people who had previously been informed that they should not proceed with bankruptcy protection because it is “bad”. Bankruptcy protection in...

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25 Aug 7 Advantages of a Consumer Proposal

Posted at 05:32h in Blog by Derek L. Chase, CPA, CA, LIT

According to Federal Government statistics, Consumer Proposals continue to grow in popularity across the country as a practical way for an overburdened individual to obtain relief from unsecured creditors. In fact, the amount of Consumer Proposals filed on an annual basis has eclipsed the number of personal bankruptcies filed! Why...

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25 Aug Bankruptcy Eligibility: Do I Qualify for Bankruptcy?

Posted at 05:31h in Blog by Derek L. Chase, CPA, CA, LIT

Sometimes we field the question: Am I even eligible for bankruptcy? An honest question. The Bankruptcy and Insolvency Act (BIA) is Federal Law and is available for people from coast to coast to utilize in order to obtain a fresh start with their finances. It is the BIA that sets the...

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25 Aug How to Pay Off Credit Card Debt

Posted at 05:29h in Blog by Derek L. Chase, CPA, CA, LIT

Some things in this world are very fast. A peregrine falcon or a cheetah come immediately to mind. For plant lovers, maybe you would think of fast growing bamboo, or more locally, bull kelp. However, nothing can compare with how fast interest on credit card statements can grow! It seems...

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25 Aug Licensed Insolvency Trustees: How Are They Different from Other Options?

Posted at 05:29h in Blog by Derek L. Chase, CPA, CA, LIT

If you are experiencing significant financial difficulty, it’s tough to know where to look for help. The stress of facing possible bankruptcy can cloud your ability to judge good advice from poor advice. There are so many options to choose from, all with different titles, and you might not be aware of...

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25 Aug What Is a Consumer Proposal and How Does It Work?

Posted at 05:28h in Blog by Derek L. Chase, CPA, CA, LIT

I had the distinct pleasure of attending the 2017 Annual CAIRP Conference in beautiful Kelowna, BC back in August. As we were in the winery-rich Okanagan, the organizers invited us to ‘sip and savour’ the knowledge and insights offered by our peers and industry experts. The conference was packed with panel...

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25 Aug Debt Relief – How Much Should It Cost?

Posted at 05:23h in Blog by Derek L. Chase, CPA, CA, LIT

Some people love to shop. Other people hate it. There is no doubt about it that we are not all the same which is a good thing. However, whether you are looking at buying a vehicle, toaster or a pair of jeans everyone should be asking how much does it...

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25 Aug Debt Consolidation Loan for Debt Management – Where to Start?

Posted at 05:21h in Blog by Derek L. Chase, CPA, CA, LIT

When you were a kid, did you ever experience difficulty sleeping because you thought there was something, maybe a monster, under the bed or in the closet? Living with debt can produce a similar sense of unease and can create difficulties sleeping. When you make the decision to get some...

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25 Aug Canada Revenue Agency Has Frozen My Bank Account. What Do I Do?

Posted at 05:21h in Blog by Derek L. Chase, CPA, CA, LIT

Canada Revenue Agency (CRA) has a very heavy hand when it comes to collecting on income taxes which can include seizing your bank account. This is usually the last resort, after repeated phone calls and letters so you can't pretend this is a surprise. You may not have believed they'd...

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