The Most Stress Relieving
Call You’ll Ever Make!

Call us for a FREE Consultation

1-888-545-5365
        

Will I Lose My Home If I Go Bankrupt?

Posted on Jun 1, 2017 in Advice from Richard, Bankruptcy, Consumer Proposals, Debt, Uncategorized, Videos | 0 comments

In this video, Richard Killen, a Toronto Licensed Insolvency Trustee answers the question most homeowners ask, which is “Will I lose my home if I go bankrupt or do a consumer proposal?” Because you may have debt problems, you may be concerned with losing your home and most people figure that “if they go bankrupt they are never going to keep their house.”  And for most people, that is a very traumatic thought, however, it can be avoided. I...

Read More

What assets are you allowed to keep after you go bankrupt?

Posted on Apr 28, 2017 in Advice from Richard, Bankruptcy, Videos | 0 comments

In this video, Licensed Insolvency Trustee in the GTA area, Richard Killen, talks about the facts and misconceptions when it comes to losing assets in a bankruptcy procedure. Typically, people are scared to lose their important belongings should they undergo bankruptcy. In this video, Richard goes on to clarify that in the most common cases, this is simply not the case. Here are a few key takeaways from Richard’s informative clip: There...

Read More

Letter from Creditors after Bankruptcy? Call a Licensed Insolvency Trustee

Posted on Apr 21, 2017 in Advice from Richard, Bankruptcy, Videos | 0 comments

In this video, Licensed Insolvency Trustee in the GTA area, Richard Killen, talks about what you can and should do when you receive a letter from creditors after bankruptcy. Here’s a few things to keep in mind should this happen to you:  It sometimes happens that after a bankruptcy is finished and you have been discharged you receive a collection letter from one of the creditors. It usually means their computer hasn’t been...

Read More

The Role of a Licensed Insolvency Trustee in Mississauga

Posted on Apr 7, 2017 in Bankruptcy, Consolidation Loans, Consumer Proposals, Debt, Finances, Financial Advice | 0 comments

The role of a Licensed Insolvency Trustee in Mississauga is critical in helping consumers who choose to go through the process of filing for bankruptcy to solve their overwhelming debt problems. Not only do they play a very big part in helping to minimize confusion, but they are present from beginning to end to make sure that every step of the process gets done as quickly and efficiently as possible. Licensed Insolvency Trustees (LITs) are the...

Read More

Bankruptcy Counselors Toronto vs Licensed Insolvency Trustee

Posted on Oct 10, 2016 in Bankruptcy, Consolidation Loans, Consumer Proposals | 0 comments

It almost sounds funny, doesn’t it? Bankruptcy Counselors Toronto – somebody who counsels people, presumably in Toronto, on how to go bankrupt? Perhaps the term is misleading? I think so. Real Bankruptcy Counselors, in Toronto or elsewhere, don’t counsel people to go bankrupt. In fact a Bankruptcy Counselor would probably spend more time trying to figure out how the person seeking advice could stay out of bankruptcy rather than go in it. The...

Read More

Insolvency Solutions and Information on the Internet

Posted on May 2, 2016 in Bankruptcy, Consumer Proposals | 0 comments

You are probably reading this on our website. Everybody nowadays seems to use the internet to look things up and research matters of interest to them. Insolvency solutions (bankruptcies and consumer proposals) are not an exception. There are a thousand different things that could be said on a website or through social media about debt problems and the various solutions available to those in need of them. Information is information and the...

Read More