Debt Relief for Seniors: A Health Consideration

Unfortunately, we’ve been receiving more and more calls from people recently inquiring about debt relief for seniors, as more and more people over the age of 65 head into retirement saddled with debt. With an ever-increasing elderly population...

Posted | by |in Blog, Debt Relief

Avoiding a Wage Garnishment or Other Enforcement Action: Protecting Your Information

If you find yourself drowning in debt, unable to meet your monthly financial obligations, you may soon find yourself facing a wage garnishment or other enforcement action if you don’t take the appropriate steps to deal with the problem. Being...

Posted | by |in Blog, Wage Garnishment

Remembrance Day

We Remember This weekend we take a moment to remember and thank all of the brave men and women who’ve courageously dedicated their lives to upholding everything we cherish. To those who have sacrificed so much, and continue to do so, we thank...

Posted | by |in Blog, Remembrance Day

CRA Tax Debt? Is a Voluntary Disclosure Application the Answer?

Did you know about the Canada Revenue Agency (CRA) Taxpayer Relief Program for tax debt relief? If you have a CRA tax debt you’re likely pretty stressed about it, but don’t worry, you are not alone. Dealing with a tax debt takes work, but in...

Posted | by |in Blog, CRA tax debt, Taxpayer Relief

Happy Halloween! The Scariest Collection Action of All: Garnished Wages

In the spirit of Halloween, we decided to dedicate this blog to the most common – and some would even say terrifying – enforcement action a creditor can take against you: a wage garnishment. Yes, it sounds scary and it can be. Having your...

Posted | by |in Blog, Garnishment of Wages, Garnishment of Wages in Canada

Current Home Mortgage Rates – Serious Food for Thought

In comparison to current home mortgage rates, over the past seven years, Canadians enjoyed relatively low interest rates. While experts repeatedly warned that borrowing costs would eventually have to rise, it didn’t seem to stop people from...

Posted | by |in Blog, Current Home Mortgage Rates

More Regulations Needed for Payday Loan Companies

You see them on almost every street, in every strip mall, and all over the internet. You hear about them on the radio and see their commercials on television all the time. Payday loan companies are, despite the constant bad press, booming in...

Posted | by |in Blog, Payday Loan, Payday Loans

Is a Consumer Proposal the Right Answer?

Over the last few years, as Canadian consumer debt levels have risen, many Canadians have found a consumer proposal to be a very viable option for debt relief. When debt becomes overwhelming and payments are being missed, climbing out of the...

Posted | by |in Blog, Consumer Proposal, Debt Relief

The Difference Between a Wage Garnishment from the Government and a Creditor

A wage garnishment is a very popular (or unpopular, depending on your experience) form of collection action. When money is owed to a creditor, obtaining a judgment for enforcement action and implementing a wage garnishment is a common method...

Posted | by |in Blog, Consumer Proposal, Wage Garnishment

New Mortgage Rules Make Now the Best Time to Refinance to Consolidate Debt

A few weeks ago, we discussed the current housing market and the fact that it seems to be cooling. This comes, many have argued, as a direct result of the Ontario government’s 16-point Fair Housing Plan. This plan, which attempts to bring...

Posted | by |in Blog, Consolidate Debt, Mortgage Rules

Things You Need to Know About Licensed Insolvency Trustees

Fact: Consumer proposals and bankruptcies are two legal debt settlement options available through the Bankruptcy and Insolvency Act. Both processes can only be administered by a Licensed Insolvency Trustee (LIT). That being said, you do not...

Posted | by |in Blog, Consumer Proposal, Licensed Insolvency Trustee

In The Know: Common Old Debt FAQs

It is typical for us to receive at least a few calls a week about old debts. In an effort to address some of the most common questions, we thought we’d dedicate this week’s blog to answering a few of the ones related to old debts – questions...

Posted | by |in Blog, Debt FAQs