Blog
Letter from Creditors after Bankruptcy? Call a Licensed Insolvency Trustee
In this video, Licensed Insolvency Trustee in bankruptcy in Toronto, 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...
It’s that time again: Tips to help make tax time easier
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...
The Role of a Licensed Insolvency Trustee in Mississauga
The role of a Licensed Insolvency Trustee in bankruptcy 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...
What Happens If My Employer Declares Bankruptcy?
In this video, Richard Killen, Licensed Insolvency Trustee based in Toronto, Scarborough, and 8 other debt relief locations in Ontario talks about what happens if your employer declares bankruptcy. If you find yourself out of work because your employer has gone bankrupt the...
Personal Finance- New Years Resolutions
In this video, Richard Killen, Licensed Insolvency Trustee providing debt counselling in Toronto, Scarborough, Ontario talks about New Years Resolutions about personal finance. Though New Years' Resolutions, by and large, tend to last no longer than it takes to make them...
Christmas Credit Hangover
In this video, Richard Killen, Licensed Insolvency Trustee in bankruptcy 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...
Consumer Proposals in Toronto
In November 1992 the Bankruptcy Act received a broad overhaul for the first time since 1966. If you can imagine the changes that had taken place in Canadian society between those years you can understand that this was due; probably overdue. One of the main changes to the...
Debt Counselors Toronto and Consumer Credit
Many, many times in the years that I have been a Licensed Insolvency Trustee in Toronto I have met people who had very little understanding of how credit works, especially consumer credit. In fact, when I started my trustee business one of the first persons who came to work...
Bankruptcy Counselors Toronto vs Licensed Insolvency Trustee
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...
Insolvency Solutions and Information on the Internet
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...
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Recent Blog Posts
- Why More Canadians Are Choosing Consumer Proposals for Debt Relief and Financial Recovery
- Consumer Proposal vs. Bankruptcy in Ontario: How Income and Assets Decide Your Best Route
- Are You Managing Debt or Just Surviving It? 10 Warning Signs It’s Time to Seek Debt Relief Solutions in the GTA
- Borrowing for Home Renovations in the GTA: Questions to Ask Before Taking on More Debt and How an LIT Can Help
- Back-to-School Expenses Are Adding Up: How to Prepare Without Going Into Debt Help Ontario