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 […]
On today's show, I share previously unheard clips with guests Brian Dijkema, Rhys McKendry, Jonathan Bishop, and Ted Michalos sharing their thoughts on how to improve the payday loan industry and find better payday loan solutions.
Listen to the podcast: Payday Loan Solutions for a Hazardous Industry It's the summer of 2016 and as is our custom we run best of shows where we rerun the most downloaded episodes of Debt Free in 30. Today is not a best of show, I've got two never before heard interviews for you but it […]
Your debts are high and the struggle is keeping you up at night so much so that you know you need to do something. Yet you've been delaying filing for bankruptcy because you're nervous about the process or are afraid about how filing bankruptcy will affect you or your family. But should you be? For many people, the […]
Subscribe and download at iTunes or using the Stitcher app, or subscribe via our rss feed or download directly, or listen now: One of our most download Debt Free in 30 shows this year was my conversation with Nicole Olsen, the Financial Literacy Program Director for Financial Fitness in Windsor and Sarnia, Ontario. You can read about her […]
A year ago Ontario enacted legislation targeted at reducing consumer abuse by unlicensed debt settlement companies. While this legislation has helped eliminate some of the severe abuses, most agencies have just switched tactics and we fear indebted consumers seeking debt advice are still at risk. Let’s review some key points in Ontario’s debt settlement laws: […]
Subscribe and download at iTunes or using the Stitcher app, or subscribe via our rss feed or download directly, or listen now: Today's show is a rebroadcast of Show #72, originally aired on January 16, 2016, and it deals with a topic about which I disagree with most financial "experts": budgeting. I believe that budgeting […]
Does a couple's debt affect their relationship? Or does a couple's relationship affect their debt? Are finances and relationships just another variation of the classic 'what came first: the chicken or the egg' debate? Regardless of which comes first, debt impacts relationships just as much as a couple's spending habits. As the infographic below illustrates, debt can […]
Given today’s real estate market, it’s not surprising that the most popular podcast episodes of this year While I am not a real estate expert, I want to help those who are trying to decide by comparing the different possible outcomes of renting vs buying.
Listen to the podcast: Renting Vs Buying: Which One Makes Sense? I can track how many people download the podcast version of each episode of Debt Free in 30 and I can tell you that so far in 2016, the most downloaded episode is episode 89, titled “Is the Real Estate Bubble About to Burst”, […]
Today roughly 1 in 10 insolvencies in Canada involve debtors over the age of 60. That percentage has risen consistently over the past 6 years. While young Canadians are taking on more mortgage debt and student loans, they have the benefit of time and potential income growth to deal with their heavier debt loads. Not so […]