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insolvency in Canada

25 Aug How to Pay Off Credit Card Debt

Posted at 05:29h in Blog, Debt 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...

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insolvency trustees

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

Posted at 05:29h in Blog, Licensed Insolvency Trustees 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...

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what is a consumer proposal

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

Posted at 05:28h in Blog, Consumer Proposal 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...

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debt settlement fees

25 Aug Debt Settlement Fees: How Much Should Debt Relief Cost?

Posted at 05:23h in Blog, Debt 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...

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debt consolidation loan

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

Posted at 05:21h in Blog, Debt Consolidation 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...

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frozen bank account

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

Posted at 05:21h in Blog, Debt 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,...

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will bankruptcy affect my job

25 Aug How Will Bankruptcy Affect My Job?

Posted at 05:20h in Bankruptcy, Blog by Derek L. Chase, CPA, CA, LIT

For many Canadians the idea of filing for personal bankruptcy is very foreign. Not knowing how the process will affect your day-to-day life and employment is just one of the...

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wage garnishment

25 Aug Wage Garnishment: How It Works, What You Can Do, and Other FAQs

Posted at 05:19h in Blog, Debt by Derek L. Chase, CPA, CA, LIT

What Is a Garnishment & How Did I Get One? Garnishments may occur if you stop paying your creditor and the creditor decides to take legal action. To take action, a...

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insolvency professionals

25 Aug A New Name for Insolvency Professionals

Posted at 05:18h in Blog, Licensed Insolvency Trustees by Derek L. Chase, CPA, CA, LIT

On December 2, 2015 the Office of the Superintendent of Bankruptcy made a big announcement; there will be formal change to the designation of insolvency professionals nationwide. As of April...

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bankruptcy myths

25 Aug Bankruptcy Myths: Debunking the Misconceptions of Bankruptcy

Posted at 05:16h in Bankruptcy, Blog by Derek L. Chase, CPA, CA, LIT

Bankruptcy; this is the first thought for many individuals that are desperate to fix their financial situation. Although the majority of Canadian’s have heard the word “bankruptcy” before, many are...

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