4 Stages of A Consumer Proposal


Posted in Consumer Proposals

If you are wondering how a consumer proposal works, our infographic makes the process easy to understand by looking at the 4 stages of a proposal:

Stage 1: Assessment & Payment Plan
Stage 2: Filing & Voting
Stage 3: Making Payments
Stage 4: Completion & Credit Repair

Nov 13, 2014

Credit Reports, Credit Scores & Rebuilding For The Future


J. Douglas Hoyes, Bankruptcy Trustee Ontario
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CPA, CIRP, CBV - TRUSTEE

Credit reports and credit scores weigh heavily on the minds of consumers, especially when they need to borrow money for a house or a car or may need to file bankruptcy or a consumer proposal. Former lending professional Eric Putnam, Managing Director of Debt Coach Canada explains how credit reports work and how to rebuild poor credit.

Jan 24, 2015

Show #21 - Full Transcript - How Credit Reports Work


J. Douglas Hoyes, Bankruptcy Trustee Ontario
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CPA, CIRP, CBV - TRUSTEE

Full transcript from our podcast Credit Reports, Credit Scores & Rebuilding For The Future [Start of recorded material]  [00:00:00] Doug H:            Welcome to Debt Free in 30, the show where every week we talk to industry experts about debt, money and personal finance. I’m Doug Hoyes. Today we’ve got a great show for you because […]

Jan 24, 2015

The Five Stages of Dealing With Debt


Howard Hayes, Licensed Bankruptcy Trustee Cambridge and Brantford Ontario
Posted in Debt Help
Posted by Howard Hayes, Btec, CIRP - TRUSTEE

Dealing with debt follows a pattern, with each step along the way part of the process. Bankruptcy trustee Howard Hayes explains the 5 steps most people face. Stage One – The Denial Long before you file a bankruptcy, you spend countless hours wondering what you’re going to do to stay on top of the debt load that’s […]

Jan 22, 2015

Creditors Calling At Home and Work: A Brantford Case Study


Posted in Success Stories

Download Brantford Bankruptcy Case Study PDF Sammy (not her real name) was able to achieve her dream job. Her mother had worked as a nurse in Brantford and she had grown up always wanting to follow in her mother’s footsteps. After completing her studies nine years ago, she was happy to work in a job […]

Jan 20, 2015

Stop The Collection Calls: Advice From Blair Demarco-Wettlaufer


J. Douglas Hoyes, Bankruptcy Trustee Ontario
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CPA, CIRP, CBV - TRUSTEE

Blair Demarco-Wettlaufer, a Managing Partner for Kingston Data and Credit, a Canadian debt collection agency gives us the ins-and-outs of the collection world, including the typical life of a debt once it has gone to a collection agency and what your options are for dealing with collection calls.

Jan 17, 2015

Show #20 - Full Transcript - Collection Agencies with Blair Demarco-Wettlaufer


J. Douglas Hoyes, Bankruptcy Trustee Ontario
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CPA, CIRP, CBV - TRUSTEE

Full Transcript for our Debt Free in 30 podcast, Stop the Collection Calls: Advice From Blair Demarco-Wettlaufer. Doug H:            Welcome to Debt Free in 30 where every week we talk to industry experts about debt, money, and personal finance. Let’s play a word association game. Let’s pretend that you have debts and you’re behind on your […]

Jan 17, 2015

Reducing Personal Debt. What's the Trick?


Scott Schaefer, Licensed Bankruptcy Trustee Kitchener Ontario
Posted in Debt Help
Posted by Scott Schaefer, CPA, CIRP - TRUSTEE

Are you carrying personal debt such as credit cards and lines of credit and just cannot pay it down? What is the trick to reducing debt? It’s a simple trick - you need to be paying it off faster than it accumulates. It sounds simple, but it’s hard to do.  The following are a few […]

Jan 15, 2015

Clean Up Your Debt Mess


J. Douglas Hoyes, Bankruptcy Trustee Ontario
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CPA, CIRP, CBV - TRUSTEE

On this weeks segment, I was joined by Gail Vaz-Oxlade to look at practical strategies for dealing with debt and what people need to do to clean up a big debt mess. On the second part of our segment I talk with Ted Michalos about consumer proposals and why they are a beneficial debt solution.

Jan 10, 2015

Show #19 - Full Transcript - Clean Up Your Debt Mess


J. Douglas Hoyes, Bankruptcy Trustee Ontario
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CPA, CIRP, CBV - TRUSTEE

Full Transcript for our two part segment, Clean Up Your Debt Mess with Gail Vaz-Oxlade and Ted Michalos. [Start of recorded material]  [00:00:00] Doug H:            Welcome to Debt Free in 30, where every week we take 30 minutes and talk to industry experts about debt, money and personal finance. I’m Doug Hoyes. This show is […]

Jan 10, 2015

6 Things That Sabotage Your Debt Reduction Strategy


Posted in Debt Help

Don't ruin your new efforts to pay down your debt. Read our infographic to understand the top 6 reasons why you might sabotage your efforts this year.

Jan 8, 2015