Financial recovery requires the right tools
Home / Blog / Creditby Janet Doyle A home equity line of credit (HELOC) has become a popular way for Canadian consumers to access additional credit at a low interest rate; but with fluctuating real estate markets they can be a riskier option than people realize. Flexible repayment plans and
Home / Blog / Mortgage, Financial by Marc Rouleau The Federal government announced new mortgage rules in October for buyers making a down payment of less than 20% of the property purchase price. These are known as “high-ratio” mortgages. Simply put, these mortgages are riskier for both the lender and
Home / Blog / Mortgage, Bankruptcy Home ownership is a huge concern for many people who have filed for bankruptcy, and rightfully so, because it isn’t always a simple issue. Let’s start with the basics: It’s possible for you to keep your home even if you declare bankruptcy. As long
Home / Blog / Taxes When you owe money to Canada Revenue Agency (CRA), they (like all creditors) will try to collect that debt from you. If the debt is significant and you fail to repay it or negotiate acceptable terms, CRA has the right to place a lien on
