Most Canadian Debtors Don’t Need a Bankruptcy Lawyer – Here’s Why
Are you experiencing financial difficulties and looking for a solution? If so, you’re probably doing some online research about your debt relief options. And yet many debtors come into our offices confused about their rights, and in particular about the
It’s Never Too Early To Teach Your Kids About Money
For many of us, personal finance and money management was not taught in school. We had to navigate the financial world on our own, learning as we went and sometimes making costly mistakes. Some people never quite learn how to
How to Find the Right Solutions to Your Financial Problems
If you’re struggling financially, you are not alone. Many hard-working Canadians find that they simply don’t make enough money to pay off what they owe. And the amount they owe just keeps on growing. In an overwhelming majority of cases,
A Consumer Proposal in New Brunswick May Be Your Best Debt Solution
Are you struggling to make ends meet every month? A New Brunswick consumer proposal may be your best solution. Has living with debt become your norm? There are debt relief options available that can help to eliminate your debt once and
Insolvency Stats in Canada 2017: A Seesaw of Age and Interest Rates in the Maritimes
Insolvency numbers in the Maritimes are falling at a faster rate than Canada’s average, but this statistic could mask an underlying fragility. Economic growth in the region is predicted to fall well short of the Canadian average over the next
Why “Bankruptcy Trustees” No Longer Exist In Canada
It used to be that the individuals authorized to administer bankruptcies in Canada were called “Trustee in bankruptcy” or “bankruptcy trustees.” But this designation was recently changed by the federal government to Licensed Insolvency Trustees (LITs). Why the change? Let’s
Living Beyond Your Means
Living within your means = meaningful living. In today’s age of consumerism it is arguably easy to live beyond your means. Every time you turn around you face some type of advertising message telling you that you can have more,
My Paycheck Never Lasts
If you find yourself saying, ‘my paycheck never lasts’, you are not alone. We seem to be living in a world where our paychecks remain unchanged over longer periods of time while the cost of fuel, groceries, and utilities are
The Power of Your Credit Score
Understand the Power of Your Credit Score It seems that we are being bombarded everywhere we turn these days with advertising suggesting that we should know our Credit Score. But what exactly is a Credit Score? In Canada, Credit scores
How Does Divorce Affect Bankruptcy?
If you separating from a spouse, you will now possibly be on your own for bill payments. Try to cut back on spending, as you may now be down to one income (if your spouse was contributing) Open a
Student Loans in Bankruptcy
Individuals across the Maritimes contact Allan Marshall & Associates Inc to inquire about student loan debts and often we are asked similar questions. Some of the common questions are answered below. Does bankruptcy help with student loans? Yes, bankruptcy can help
How Long Will It Take to Get My Credit Back?
How long will it take to re-establish credit after bankruptcy? The ability to re-establish credit will depend on a number of factors. Many of which have nothing to do with having filed for bankruptcy. Some of the items considered with