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Letter from Creditors after Bankruptcy? Call a Licensed Insolvency Trustee

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

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...

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It’s that time again: Tips to help make tax time easier

Posted on Apr 13, 2017 in Advice from Richard |

Filing taxes is a chore that few people enjoy. It can be complicated and difficult at the best of times. Here are some points and suggestions that may ease your pain a bit. If you have filed a bankruptcy then your trustee will be responsible for filing your taxes. Your job is to deliver your T-4s and any other applicable slips and information to the trustee so they can do your returns correctly. We supply you with a special 1-page form to fill...

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Christmas Credit Hangover

Posted on Feb 13, 2017 in Advice from Richard, Credit, Financial Advice |

In this video, Richard Killen, Licensed Insolvency Trustee based in Toronto talks about buying Christmas gifts on credit cards. It is important to remember that credit card bills don’t take a Christmas holiday. Christmas brings out the “giving” in us, especially when we have children or grandchildren. There is nothing wrong with giving, but remember, the piper will always have to be paid. Licensed Insolvency Trustees tend to...

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