Examples of bankruptcy and consumer proposal success stories and how we helped.
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... Read more »
Student loans receive special treatment under the Bankruptcy and Insolvency Act in Canada. While bankruptcy laws generally are designed to give the honest debtor an opportunity to get a fresh start and get released from his... Read more »
With today’s economic uncertainty we are seeing more and more businesses looking for contract workers to meet their employment needs. It is good for businesses because they don’t have to pay for benefits for a... Read more »
Debt doesn’t start out as an obvious problem. For many people, lack of personal finance knowledge leads them to make poor decisions with their money. Once you figure out how easy it is to get... Read more »
Struggling financially is difficult for anyone. It can be exceptionally stressful if you’re a single parent trying to juggle your finances, work, and parenting all on your own. Without a partner you’re solely responsible for the... Read more »
With Valentine’s Day approaching I thought it was a good opportunity to write about financial problems and how they affect relationships. Marriage might start out as cinnamon hearts and expressive hard candies but, when faced... Read more »
Insolvency can happen at any stage in life. Debt has no standard face or age. This unfortunate reality was recently realized by one of our clients who we’ll call Jack. Jack and Diane worked hard... Read more »
Everyone envies teachers the amount of time off they have each year, their strong benefit and pension plan and higher than average salary. With the average secondary school teacher in Ontario making around $51,000 a... Read more »
Transitioning from employee to consultant isn’t easy no matter how you get there. Some make a conscious decision to start up a business on their own, others shift into the role of consultant after a... Read more »
We work closely with several local credit counselling agencies so it’s not unusual for clients to be referred to our offices from credit counsellors. Sometimes they are sent straight to our office because it’s obvious that... Read more »
Many of us dream of having a challenging career, one where we are our own boss and enjoy what we do. Working for yourself can provide just those benefits, however the potential rewards also come... Read more »
It is a tale I am hearing far too often: “I was helping family financially and now I can’t afford my own bills”. Between the high cost of housing, student loans and the lack of... Read more »
If you owe $5,000 on a credit card your minimum payment is $100. In all likelihood you can afford to pay more than that in order to reduce your balance. Owe $25,000 in credit card... Read more »
There are many reasons people find themselves in debt. For our guest today, the underlying cause of his financial difficulties was drug addiction. James inspires us with his story – both how he battled his... Read more »
Millennials are struggling to get out on their own. Even renting is costly, but it quickly becomes unaffordable when you are carrying extra debt. Here’s how we helped one Toronto man restructure his finances through... Read more »
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