Can You Go to Jail for Your Debt?
In India, you can go to jail for your debts. How about Canada? Not a chance. Unless of course, you’ve committed fraud. But then fraud is a whole ‘nother thing. So, exactly what does happen if you are not able…
How to Know If You Are Insolvent
Wondering how to know if you are insolvent? Here are a few clues: You’ve used cash advances to pay bills. You’ve visited the payday loan store. You’ve been hit with over limit charges on your card. You’ve had your…
Financial Literacy Month: Learn How to Take Charge of Your Finances – Part II
It’s Financial Literacy Month and this is the finale of a two-part series to help learn how to take charge of your finances. You can read Learn How to Take Charge of our Finances Part I here. In the previous…
Easy Ways to Rebuilding Credit After a Consumer Proposal
Rebuilding your credit after a Consumer Proposal is an important step when you’re working on securing your financial future. But the road to a strong credit rating can be full of confusing twists and frustrating turns. It’s hard to get…
Financial Literacy Month: Learn How to Take Charge of Your Finances
Savvy Canadian consumers are learning more about managing money and debt, saving for the future, and understanding their financial rights and responsibilities. That’s because it’s Financial Literacy Month. This year’s theme is, “Take Charge of Your Finances”. We’re joining financial…
Do Not Let a Personal Financial Crisis Destroy You
7 Steps to Perfect Personal Financial Management What do Larry King, Mike Tyson, MC Hammer, and Marvin Gaye all have in common? A personal financial crisis has destroyed their lives. Proof that even the mighty can fail when it comes…
Need Help Repaying Your OSAP Student Loans?
It takes focus and determination to graduate from university - and you’ll need to rely on these same traits to repay your OSAP student loans. That’s because if you’re anything like most Canadian university and college students, you’ve had to…
How to Protect Your Finances During Unexpected Life Events
2500 years ago Greek philosopher Heraclitus said we should “expect the unexpected”. Clever eh? But what the heck does it mean? How can you expect the unexpected? Actually, insurance companies do it all the time. Their fancy-schmancy mathematicians calculate the…
Licensed Insolvency Trustees – What They Can Do For You That No One Else Can!
WHO is a Licensed Insolvency Trustee? The person who can help you get out of debt! A Licensed Insolvency Trustee is a professional that is federally regulated by the government of Canada to administer debt services and advice. This…
The Danger of Paying Only Minimum Payments
Credit cards are a wonderful invention. A very convenient way to spend money. Maybe too convenient. If you are watching this - you may have a debt problem connected to credit cards. In this short video, we will explore…