Is Covid Debt Piling Up in the Maritimes?
At first glance, it may seem like we fared pretty well during COVID in the Maritimes. Insolvencies took a drastic nose-dive during the mid to later part of 2020 as many Maritimers hunkered down in their homes to weather the
Is a Division I Proposal Right for You?
Are you struggling to pay off your debt? Do you feel overwhelmed by creditors constantly asking you for money? With over half of Canadian households reporting to be $200 or less away from insolvency, you are not alone. If you
A Winnipeg Manitoba LIT’s Journey
Back in 2001 LCTaylor’s Managing Partner Jillian Taylor-Mancusi interned in the Maritimes with the Licensed Insolvency Trustee firm, Allan Marshall & Associates. In this interview, Allan Marshall’s Managing Partner, Scott Marshall asks Jillian about the time she spent there and
Should You Use Debt Advice Services?
If this is your first time looking for professional help to deal with your debt problems, you may not know where to turn for debt advice services – or whether you should even be using these services at all. First
Debt Repayment Methods – A Fresh Approach
Paying off debt is a financial goal for many of us, and with good reason. Debt can not only cripple us financially, but can cause a lot of stress in our personal lives as well. Losing sleep, lack of concentration,
Do I Need to Repay the Canada Emergency Response Benefit (CERB)?
Amid the Covid-19 pandemic, the Canada Revenue Agency (CRA) has dispersed millions of dollars to Canadians under the Canada Emergency Response Benefit (CERB). But the CRA has now sent over 441,000 “educational” letters to Canadians who may have to pay
Stick to a Christmas Budget When Buying Gifts for Your Kids
By Lisa Whalen, Insolvency Counsellor Buying Christmas gifts for your kids does not have to break the bank. Stay within your Christmas budget and make your money go further by considering the “types” of toys you buy for your children.
Keeping Track of Your Money
There are two questions I ask when giving presentations on money management. Where do you think you are (financially)? And where are you really? The question, “Where do you think you are?” requires you to draft an outline of what you
Learn These 5 Tips to Protect Yourself from Financial Fraud
Your information is everywhere. So how do you protect yourself from financial fraud? One of the most common types of financial fraud is identity theft. This occurs when someone steals your personal identifying information to access your credit card or
Filing for Bankruptcy in Nova Scotia
Is Filing for Bankruptcy the Best Debt Solution for You? Bankruptcy gives you a clean break from debt that has overwhelmed you. It will eliminate most unsecured debts, but you will need help. If you are considering filing for bankruptcy
When Is the Right Time to Declare Personal Bankruptcy?
Since the pandemic was declared hundreds of thousands of Canadians have lost their jobs and find themselves unable to make their basic monthly payments. Fortunately, our Canadian Government has stepped up and assisted financially. Banks have offered deferred payments and
