Bankruptcies and consumer proposals in Canada are debt restructuring options available under the Bankruptcy & Insolvency Act. Increasingly today consumers are choosing to file a consumer proposal and avoid declaring bankruptcy. In order to help consumers more easily recognize and identify individuals licensed to provide debt restructuring services (both bankruptcies and consumer proposals) under the […]
Today’s podcast is the first ever podcast interview with Jonathan Chevreau and Mike Drak together, talking about their new book Victory Lap Retirement about how to transition from a high stress work environment to a low stress sustainable lifestyle to enjoy a happier, healthier life.
Listen to Victory Lap Retirement. EXCLUSIVE First Podcast Interview Doug H: Today we're going to talk about retirement. No, I'm not going to talk about how much you need to save for retirement; I'm not a retirement expert so you don’t want me doing that math for you. I'm a debt expert and I happen […]
It is a good idea to check your credit report every year. In Canada, there are two credit reporting agencies: Equifax and TransUnion. They each allow you to get one free credit report by mail every year. To ensure that the information is accurate, alternate between the two agencies every 6 months. For instance, if […]
Doug Hoyes and Ted Michalos held a LIVE webcast answering questions from real listeners and subscribers about dealing with debt. Here is the podcast version.
Listen to the podcast: Everything You Were Afraid to Ask About Debt Doug Hoyes: It’s 7:00 pm on September the 14th, 2016 and we’re broadcasting live from the Hoyes Michalos offices here in Kitchener, Ontario. Today’s topic is ‘Everything You Were Afraid to Ask About Debt’. We know that debt is an uncomfortable topic. You […]
A wage garnishment is a legal proceeding where a creditor sues a debtor to ensure that they are repaid for a debt. Any creditor can sue for a garnishment order for any debts owed including outstanding loans and bill payments to alimony and child support. To garnishee someone’s wages, a creditor must first file a Statement of Claim. […]
Listen to the podcast: Why is Walmart Fighting Visa? Doug Hoyes: Last week I announced our new format here on Debt Free in 30. I said that some of our shows would be shorter than 30 minutes, and one of my goals was to use this new format to explore current topics, and that’s exactly […]
On today's show, I take a look at the fight between Walmart and Visa and talk about the many reasons, beyond high fees, why Walmart doesn't want to accept Visa in their stores any more.
A consumer proposal has a lot of advantages. It offers legal protection while you make a settlement offer to your creditors. It also allows you to negotiate payments you can afford while keeping assets like a home, RESP and other investments. Moreover, it offers substantial flexibility in terms of payment terms. However, there are certain […]
Doug Hoyes is excited to share that with a new season, comes a new format. Listen to hear more of how Debt Free in 30 is evolving to offer listeners the content they want, in the format they prefer.