It’s not uncommon for people in financial difficulty to owe taxes to Canada Revenue Agency (CRA)—sometimes a significant amount of taxes. Many of these people are under the impression that nothing can be done about it, because tax debt is… Read the rest
Brian Doyle with PMFRC Staff and the Lil’ Troopers
Doyle Salewski, in cooperation with Canada Company, generously donated $5000 to the Petawawa Military Family Resource Centre. The centre is committed to enriching the lives of individuals and families of the military community through positive action, education and support. Making the donation is Brian Doyle, President of Doyle Salewski. Accepting the donation on behalf of Family Resource centre is JoAnne Morin, Member at large. Also in the photograph is Jamie Lightle, Deputy Executive Director and Jennifer Schori, Member at large. We can’t overlook the group of “Lil Troopers”. The ceremony took place at the Lil Troopers south in Petawawa.
Brian Doyle said “I’m very happy to make this annual donation to such an important organization. In addition, our entire staff thanks the members of the Canadian Forces for all they do.”
When you declare bankruptcy or file a consumer proposal, most—but not all—of your debts are discharged at the end of your bankruptcy/consumer proposal term. This means your debts are forgiven (in bankruptcy) or considered paid in full (in a consumer… Read the rest
If you’re considering bankruptcy or a consumer proposal, you might be wondering what will happen to your home. Will you lose it to your creditors? Have to sell it? Be able to keep it? The answer is: it depends.
Whether… Read the rest
You’re behind on your payments and your creditors are calling. Some of them have even turned their accounts over to collection agencies, and they’re calling you, too. What do you do?
First of all, take a deep breath and don’t… Read the rest
Beware the Quick Credit Fix: Debt Settlement Scams
Companies claiming to offer debt settlement programs have sprung up all across Canada in the last few years. You’ve likely heard one of their ads on the radio…and there’s a good chance… Read the rest
Aside from offering help with money management (setting up a budget) and debt counselling (a discussion of your financial options), the main service offered by most credit counselling firms is a debt management plan. This is a monthly repayment plan… Read the rest
5 Steps to Rebuilding Your Credit Rating
There’s no doubt about it. Filing a consumer proposal or bankruptcy will affect your credit rating—and not necessarily in a good way. Both events will be noted on your credit report: a first… Read the rest
If you own an incorporated business, you may be wondering what will happen to it if you file a consumer proposal. Will you have to sell it or turn it over to your proposal trustee? In most cases, probably not.… Read the rest
Once you’ve filed a consumer proposal and it has been accepted by your creditors, it is legally binding on both you and them. You must make the payments you’ve agreed to, and your creditors cannot take any further action against… Read the rest