Are you struggling to pay your bills? Are you sick of dodging calls from collection agencies? Are you feeling completely exhausted and defeated by your finances? If you’re unable to make your debt payments and you’re at the point where you are contemplating Bankruptcy, it’s important to understand which of…

In the midst of the pandemic, as people around the world suffer through economic distress, the Canadian real estate housing market continues to boom. So much so, in fact, that this February 2021, the price of detached homes in Toronto saw a 23.1% …

If you are overwhelmed with credit card debt, you may have considered a home equity line of credit (HELOC). Financial experts view home equity as an untapped resource. As a homeowner, when you have more bills than you can handle, there are several options, including HELOC, available to you. …

Bankruptcy is not the only option when your business is in financial trouble. A Division 1 Proposal can help you avoid Bankruptcy and get your business back on track. You’re certainly not ready to walk away. But it’s becoming clear that the financial hardship will not resolve on its own…

No one wants to be indebted to the Canada Revenue Agency (CRA). However, every year thousands of Canadians find themselves owing more in income tax than they can afford. For those who are self-employed or those with multiple streams of income, it may be a matter of not saving enough…

If you’re behind on your mortgage payments, you may be wondering whether filing Bankruptcy can help save your home. Foreclosure is an undesirable outcome for both you and the lender. What can you do? Can Bankruptcy hurt you or help you? …

If your small business is in trouble, there are some important facts you need to know about business Bankruptcy vs. personal Bankruptcy. The economic crisis has been tough on many small businesses. Some have eliminated staff, cut their hours of operation, or closed altogether. Bills are being paid late or…

Trouble with your income & expenses? Are you having trouble keeping track of your income and expenses each month? Are you constantly overspending and taking on more debt? Have you considered using a budget? The “B” word (budget) can conjure a number of negative thoughts and assumptions. Words like “rigidity,”…

If you are going through bankruptcy or insolvency, the process will be administered and supervised by the Office of the Superintendent of Bankruptcy (OSB). While going through this procedure, it may help to know what the OSB does for both you and your creditors. …