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Home Equity Line of Credit (HELOC)

02 Dec What is a HELOC or a Home Equity Loan and Can It Help Me Get Out of Debt?

Posted at 20:20h in Blog, Debt by Stephen Boale, LIT

A Home Equity Loan, sometimes referred to as a HELOC, has become an increasingly popular way to access the equity in your residence. In this article, we will explore the...

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Old Age Security (OAS)

17 Nov Retirement Income Planning: CPP, Old Age Security (OAS), RRSP’s & Pension Plans

Posted at 21:00h in Blog, Money Management by D. Elinor Warner

If you find yourself in a situation where retirement has become very stressful because your income just hasn’t been enough to keep up with the costs of living and debt...

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Inflation

13 Nov Everything You Need to Know About Canadian Inflation Rates & Hyperinflation

Posted at 06:24h in Blog, Money Management by Len Hiquebran, CPA, CA, LIT

If you are like me, you have likely had a recent experience where you have gone shopping and experienced sticker shock. The price of something that you have gotten used...

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Insolvent

05 Nov Three Things to Know About Insolvency

Posted at 12:19h in Blog, Debt by Derek L. Chase, CPA, CA, LIT

No one ever sets out thinking about becoming insolvent. As a result, we often find that people have heard bits and pieces about financial insolvency law that one of their...

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canadian debt relief programs

18 Oct Get Financial Assistance or Debt Forgiveness Through a Debt Relief Program

Posted at 19:10h in Blog, Debt by Derek L. Chase, CPA, CA, LIT

With the rising cost of living due to inflation, and with several Government COVID pandemic financial assistance programs drawing to a close, you may be wondering what happens next with...

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Vancouver Bankruptcy

28 Jul Vancouver Island Debt Relief

Posted at 20:11h in Blog, Debt by Derek L. Chase, CPA, CA, LIT

If you are living on Vancouver Island you have much to be thankful for. For that matter, anywhere along the west coast of BC is a wonderful spot. That can...

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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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CRA Has Frozen My Bank Account

18 Mar Canada Revenue Agency Has Frozen My Bank Account… What Do I Do?

Posted at 20:16h 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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What Happens to My House If I Declare Bankruptcy

21 Dec What Happens to My House If I Declare Bankruptcy?

Posted at 01:40h in Bankruptcy, Blog by Derek L. Chase, CPA, CA, LIT

If you are having money troubles and find it difficult to pay your credit card debts, line of credit, car loans, AND mortgage you are not alone. Homeownership is expensive....

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Will anyone know if I declare bankruptcy?

04 Dec Will Anyone Know If I Declare Bankruptcy?

Posted at 22:07h in Bankruptcy, Blog by Derek L. Chase, CPA, CA, LIT

In our role as Licensed Insolvency Trustees, we meet with lots of people. More than you might think. On several occasions, a comment has been made about how difficult it...

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