Elder abuse is happening in our society, and we have witnessed it firsthand in our financial practise. Ted Michalos provides advice for other professionals on how to spot the signs of abuse so you can help.
Payday loans are detrimental to consumers, as we observe firsthand through our firm. Our experts dive into the world of alternative financial services and what our ideas are for regulating this industry.
Why is it important for debt settlement services to be regulated? Doug Hoyes and Ted Michalos discuss the new legislation, how it protects consumers and offer an alternative solution for debt relief.
In 2015, new legislation that regulates debt settlement companies was enacted in Canada. Find out exactly how this law protects consumers and what its impacts are on other financial services.
Various financial professionals have the ability to help clients when they notice debt problems. We explore the possible role financial planners, brokers, accountants and other advisors can play for their clients.
A bankruptcy score is a scoring system used by lenders to rank the potential of bankruptcy in your future. Doug Hoyes explains exactly what a bankruptcy score is and what it means for your credit.
According to our expert, debt settlement companies originating in the US are far more predatory than our Canadian ones. Learn more about what these differences are and how the Limitations Act benefits us.
RESPs are considered an asset in a bankruptcy and are not exempt from seizure in all provinces. Doug Hoyes explains why it's time to change the federal law around RESPs and bankruptcy.
Almost 1 in 4 Canadians carry debt into retirement due to increased cost of living. In this blog, Doug Hoyes explains how you can prepare early for retirement and avoid becoming another debt statistic.
To complete insolvency duties, you must attend 2 credit counselling classes. Ted Michalos explores his thoughts on what these credit counselling sessions should entail for consumers to truly benefit.
Rewinding back to 2014, Cash Store Financial Services Inc. filed for bankruptcy protection due to flawed corporate financial decisions. Doug Hoyes explains the company’s shortfalls and what we can learn.
Cash Store Financial Services Inc. filed for bankruptcy protection in 2014 and are were delisted from the Toronto Stock Exchange. Find out what happened and what our expert insights are.
Money Moron is a financial literacy TV show hosted by Canadian finance expert Gail Vaz-Oxlade. Doug Hoyes joins Gail for his third appearance on the series. Find out more about his experience here.
There are several scenarios and questions to consider when applying to post-secondary education programs. Doug Hoyes explores this topic as it relates to student debt and current Canadian statistics.
Ontario introduced new debt settlement laws to prohibit some predatory practices including large upfront fees before negotiating settlements. Find out what these laws are and what else we recommend.