You’ll get details regarding the best DIY debt solutions, causes of debt and how to deal with it. Additional topics include how to deal with a debt collector and what happens to your debt when you die.
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…
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…
Are you drowning in debt and finding it impossible to keep up with your bill payments despite your best efforts? Are you sick of dodging calls from creditors? If you’re in a situation where you are unable to pay your…
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…
The Bankruptcy and Insolvency Act of Canada (BIA) is a nationwide statute. The BIA regulates bankruptcy and insolvency across Canada. It defines the legal bankruptcy process, among other things, to protect both individuals and their creditors. The BIA regulates: Bankruptcy…
Covid-19 has left your finances in shambles and your bank account depleted. And you may wonder what to do if you can’t pay your mortgage. Whether you are furloughed, out of a job or sidelined due to the coronavirus, your…
During the pandemic, it seems as though Canadians have been given a pass on monthly bill payments. So can bill collectors still call during Covid-19? The government, as well as the banks and lenders, are, thankfully, offering all types of…
Receivership and bankruptcy may seem identical because they often occur at the same time. But they’re not the same. Receivership can be a part of bankruptcy. It can also be a standalone procedure. So what’s the difference? In this article,…
