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Ccaa

What is CCAA in Canada?

The Parliament of Canada allows insolvent companies to restructure their finances through the Companies’ Creditors Arrangement Act (CCAA). The act allows a troubled corporation to potentially avoid the consequences of bankruptcy. Not only is it in the best interest of…

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Financial Fraud And Covid

Learn How to Avoid Financial Fraud During Covid

The fight against the COVID pandemic has involved massive government support programs around the world. In Canada, CERB and CESB payments are being dispersed to mitigate the economic impact of the pandemic. According to the Government of Canada, more than…

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Credit Counselling Process

Your Guide to the Credit Counselling Process

If you’re experiencing financial difficulties, you may wish that, with just a snap of the fingers, you could eliminate your debt. The truth is, while debt is easy to accumulate, it’s harder to get rid of. There is, however, a…

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How To Know If You Are Insolvent

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…

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