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
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