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
The Heavens are Crying
Francyne Myers, Licensed Insolvency Trustee in our Halifax and Truro offices recently wrote the following about the recent tragedy. We would like to share her thoughts with you. The Heavens are Crying That was my first thought this morning as I awoke to
4 Tips to Avoid Panic During the Covid-19 Pandemic
It’s normal to be nervous or anxious during these uncertain times. After all, day to day life has changed drastically for many Canadians. Canada, along with each of the provinces, has increased the measures required to fight the COVID-19. Still,
New Wage Garnishment in New Brunswick
Residents of New Brunswick, especially those in debt, should be made aware of recent changes to provincial legislation that changes the scope of the assets available for seizure by judgement creditors. The Enforcement of Money Judgements Act came into force
8 Tips to Take Charge of Your Finances During Financial Literacy Month
You know how the budget game is played. It’s income minus expenses in the quest for more money at month-end. Yet, despite your many attempts at following a budget, you sometimes feel like throwing in the towel. You pledge that
Wondering How to Find Debt Relief? We Can Help!
Debt relief is your chance to put your financial problems behind you. For too many Canadians, debt has become a way of life. Too much debt can lead to high levels of stress. It can even impact your future. If
Never-Ending Debt And How To Stop It
Do you feel like your never-ending debt is running your life? Many times, we end up in debt fully intending that it will be temporary, and we’ll pay the loan back as soon as we can. And then life happens.
Valuable Summer Savings Tips You Need To Know
If you’re in university or college, you’re likely getting the education you need for your future career. But you might not be as knowledgeable about your personal finances as you are your major. Our summer savings tips can help you
Preparing For Higher Interest Rates When You have Mortgage Debt
Canadians are preparing for higher interest rates. Are you doing everything you can to get ready, too? Big rate hikes are coming for consumers in Canada. In fact, they’re already beginning to appear. The Bank of Canada has been hiking
Eating Healthy On a Budget
Does eating healthy on a budget seem like a goal that’s out of reach for you? After all, a healthy lifestyle does not come cheap. As a Licensed Insolvency Trustee, I counsel many hard-working Canadians on how best to manage
Canadian Bankruptcy Rules
Is your credit card debt so crushing that you don’t see yourself being able to make a dent in it? If so, you should know that the Canadian Bankruptcy Rules were put in place for hard-working debtors just like you.