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How is a Licensed Insolvency Trustee Paid?
Home / Blog / Bankruptcy, Financial The costs of filing for bankruptcy are set both by the federal government and the trustee. This means that the fees you pay to a Licensed Insolvency Trustee for handling your bankruptcy will likely be the same across the country. Generally speaking, a bankrupt with
When should I seek help for my financial problems
Home / Blog / Financial Here are two ways you can judge when you might need help with your finances. First, there’s the technical rule of thumb that says you’re in serious trouble when your monthly payments for debt (not including your mortgage/rent) are more than 20 percent of your
Collection agencies: What are my rights
Home / Blog / Debt, Collection Mary wakes up to the phone ringing at 6 a.m. She manages a “Hello?” “Yes, Mary, I am calling again about the overdue payment on your credit card account. We need a payment by tomorrow” says the voice on the end of the line.
Can I pay off my consumer proposal early?
Home / Blog / Consumer Proposal Finances are a fluid thing subject to change for a variety of reasons—and (despite how it may seem sometimes!) not always for the worse. If you’ve filed a consumer proposal only to find that your financial situation has suddenly improved because of a pay
Can I do anything to stop a creditor’s legal proceedings against me?
Home / Blog / Debt, Collection It’s possible that if you’re having trouble meeting your payments, a creditor may take some kind of legal action in order to collect the debt you owe. This can include handing your account over to a collection agency, having your wages garnished, or taking
Can I stop a power of sale on my home by declaring bankruptcy?
Home / Blog / Bankruptcy If you have missed paying your mortgage payments and haven’t made other arrangements with your bank, chances are pretty good that your bank’s next step will be to start power of sale proceedings against your home. Before that happens, there are steps you can take
