Debt Services for Canadians: How a Licensed Insolvency Trustee Can Help You Take Control of Your Debt
Got debt? A Licensed Insolvency Trustee can guide you through the debt services available and help you decide which debt solution is right for you. From credit counselling, to consumer proposals, and bankruptcy, a Licensed Insolvency Trustee can help you get out of debt.
How Will Filing a Consumer Proposal Affect My Spouse?
Thinking about filing for a Consumer Proposal and wondering how it may affect your spouse? A Licensed Insolvency Trustee can explain how your spouse may be impacted and provide advice on the best way to move forward.
Monthly Budget Template – Budgeting Made Easy
What is a budget plan? Your budget plan (or spending plan) is the method you use to make sure that expenses do not exceed income, and that future commitments can be met. Although rarely “fun”, it is certainly satisfying when
Is a Home Equity Line of Credit (HELOC) a Good Way to Get Out of Debt?
If you’ve been hearing that Home Equity Line of Credit (HELOC) is the greatest thing ever, it’s because banks love them. There are three things that lenders count on when they offer you a home equity line of credit. You
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