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, or even...
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...
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.
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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...
What Type of Debt Can I Pay Off With a Consumer Proposal?
Consumer proposals are the number one way to help people get out of debt more easily. They allow you to continue living without the hardship that might be caused by other types of debt proposals. This is because a...
Holiday Debt: Recover From Your Christmas Debt
Buying gifts can be a gratifying experience, especially when you've scored so many good deals. But even the best deals can add up for unsuspecting holiday shoppers. If you're feeling a familiar feeling of dread...
Filing for Bankruptcy in New Brunswick: How It Works
If you’re experiencing financial struggles, you’re not alone.
A recent Ipsos poll found that the average Canadian owes just over $85,000 in consumer debt, excluding their mortgage.
And if you’re already having difficulty making ends meet...
Rebuilding Credit: 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...
How Should I Handle Creditor Calls and Harassment?
Creditors do have certain rights to collect upon their debts; however, you need to know you have rights too.
- A creditor is allowed to call to enquire about their debts and request a payment plan. They are however restricted on what...
How Is My Spouse Affected by My Bankruptcy?
Technically bankruptcy does not affect your spouse or common-law partner.
- Your spouse or partner would only be responsible for debts they...