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Are We Going to be Homeless?

Are We Going to be Homeless?

Hi. I’m Richard Killen from Richard Killen & Associates. Richard Killen has offices across the GTA. One of the most frequently asked questions I get as a Licensed Insolvency Trustee is, “If I go bankrupt or do a consumer proposal, will I lose my home?” Well, ...

It’s the Little Savings That Count

It’s the Little Savings That Count

We all know about the big buys that do damage to our bank accounts: homes, cars, vacations, etc. But equally insidious are the small regular purchases that we don’t really notice but add up over time, whether it’s expensive designer coffee or unused gym memberships. ...

Relief From Collection Agencies

Relief From Collection Agencies

Hi. I’m Richard Killen, from Richard Killen & Associates. When you fall behind in your debt payments and creditors and agencies start calling, simply answering the phone can be an ordeal, especially if it’s never happened to you before. As a Licensed Insolvency ...

Serenity After Trial

Serenity After Trial

“I thought the process was going to be hideous, humiliating and shameful,” Karen recalls of her bankruptcy more than a decade ago. “I was terrified when I went to see Richard Killen. I was in tears as I walked into his office.” Karen’s story of battling debt is a ...

Pre-Retirement Canadians Embrace Mortgage Debt

Pre-Retirement Canadians Embrace Mortgage Debt

People looking forward to retirement usually try to retire their debts first, especially their mortgages, so they can enjoy their leisure without financial worries. But a story in the Globe and Mail reveals that more and more Canadians are going into their golden years ...

Graduating Into Debt

Graduating Into Debt

Getting a student loan can be double-edged sword. Many kids can’t afford a higher education without one. But the downside is that a lot of students are graduating with huge debts that they many find hard and in some cases impossible to pay off. The problem of student debt ...

Informal Arrangements Need Full Agreement

One of the options in dealing with a debt crisis is an informal arrangement. This is essentially reorganizing the debts that you have with the creditors you owe the money to. We’re not talking here about a consolidation loan. That’s different because you end up with ...

How Much Is Too Much?

How Much Is Too Much?

People sometimes ask: “If I go bankrupt will the trustee take all my income?” Well the simple answer is NO. But to understand that answer you need to wade through some layers of legal complexity. While you go through bankruptcy, the trustee is required to monitor ...

Is Money the Root of All Evil?

Is Money the Root of All Evil?

As many of us struggle with our finances, we have a love-hate relationship with the all-mighty dollar. To put our problems in perspective, or to give voice to our feelings, here are some words from notable figures on the subject of money. “Anyone who lives within their ...

What Are the Alternatives in Coping With a Debt Crisis?

What Are the Alternatives in Coping With a Debt Crisis?

No one wants to go bankrupt. It is the last resort when faced with insurmountable financial problems. But even if your payments are in arrears and you are getting collection calls, there are other options besides a bankruptcy, which we at Richard Killen & Associates ...








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About Richard Killen & Associates


Since 1992, Richard Killen & Associates, a Licensed Insolvency Trustee, have helped thousands of people resolve their financial problems. With 25 years experience in this industry, our president, Richard Killen, and the rest of our team understand the difficulties that honest people can sometimes find themselves in. This expertise makes it possible to provide you with a service that effectively deals with the issues.


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