Every year thousands of Canadians take on student debt, and increasing numbers of graduates are struggling to make enough money to pay their student loans. As a result, there are several types of student debt relief designed for different situations...
I am a Licensed Insolvency Trustee with Lazer Grant Inc. and have been assisting people in financial crisis for over 20 years. One of the most distressing situations that I encounter is when I meet with someone who has co-signed a loan for a friend or family member...
SOME SAY THIS IS THE “MOST WONDERFUL” TIME OF THE YEAR – YOUR BANK ACCOUNT MIGHT DISAGREE. Holiday spending can easily get out of hand. How do you keep your spending in check?
It’s very challenging to regain control of debt that has spun out of control. If you have thought of contacting a Bankruptcy Trustee, you are on the right track. But due to a name change in recent years, you will actually need to contact a Licensed Insolvency Trustee (LIT)...
If you are facing insolvency, you will have many questions. “Will bankruptcy make me lose my house (or car)” and “what assets are exempt from bankruptcy in Ontario?” may be at the top of your list...
You have options, don’t let debt collectors scare you. We know how disruptive and frustrating calls from collection agencies can be. If you’ve had debt in collections for a long time, chances are debt collectors are calling often. You might even be receiving calls at work.
Do I Need A Bankruptcy Lawyer? We hear this question often, this is a common query. In most cases, the short answer is no. In Canada, consumer proposals and bankruptcies are administered by Licensed Insolvency Trustees (LITs), not bankruptcy lawyers...
If you’re not looking for the tell-tale signs, you might miss how big a money problem really is. If a debt problem is bigger than you bargained for, and you don’t act to solve it right away, it can get much worse...
On June 3, 2019, the Office of the Superintendent of Bankruptcy released its most current statistics on personal bankruptcy and consumer proposal filings for Canadian debtors....
