Is the Canadian Housing Bubble about to Burst?

Podcasts
Posted in Money Tips
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

Have house prices in Canada risen too high? Is the Canadian housing bubble about to burst? My guest, Hillard MacBeth, believes it will and it is only a matter of time before it does burst. Listen to the podcast to find out more about the Canadian housing bubble.

Why Does Home Ownership Cause Financial Problems?

Posted in Debt Help
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

At least once every week I talk with someone who purchased a house one or two years ago, and now they are in financial trouble. What happened? The Mortgage is Just the Beginning Many new home owners get into trouble because they underestimate the cost of home ownership. It's easy to calculate your regular mortgage payment; […]

Can I keep my house if I go Bankrupt?

Posted in Personal Bankruptcy
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

Today I met with a married couple who own a house, but due to her job loss and his reduced hours at work, they are now unable to service their debts. They used their credit cards to survive while she was off work, and even though she has found another job, they don't earn enough […]