Blog
Overview of the Legal Aspects of Debt Counselling in Toronto – Rights, Regulations, and Responsibilities
Debt counselling in Toronto, also known as credit counselling, is a debt relief service designed to help individuals manage their debt and other financial challenges effectively. Many people have taken on some form of debt in their life. Whether it's for buying a home...
How Popular Is Credit Counselling in Toronto
Credit counselling in Toronto is quite popular and widely utilised by many Torontonians facing financial challenges and looking for effective ways to manage and reduce debt. Debt management is a major concern for many people in Toronto. If you have debt – you’re certainly...
Bankruptcy and Homeownership in Canada – Understanding the Immediate and Long-term Impact
There are several key factors about bankruptcy and homeownership in Canada that can shed light on how financial insolvency impacts your property rights and ownership and the legal and economic considerations involved both immediately and in the long term. If you're drowning...
Debt Consolidation vs Consumer Proposal: Understanding Your Debt Relief Options
When struggling to manage multiple debts and faced with a choice between debt consolidation vs consumer proposal, which option is the best way to get out of debt? In today’s economic landscape, many Canadians find themselves facing overwhelming debt burdens. In fact...
How to Get Tax Debt Relief in Canada – Step-by-Step Guide
Taxpayers have several avenues for seeking tax debt relief in Canada, each tailored to different circumstances and financial situations. Tax debt is not insurmountable despite how it may feel. Keep in mind that the CRA does not intend to punish you or to go after you for...
Understanding Voluntary Car Surrender in Canada: What You Need to Know
Voluntary car surrender in Canada in general can be a viable option for individuals facing financial difficulties, or those looking to get rid of a vehicle they no longer need or afford. Owning a car is often perceived as a symbol of independence and convenience, providing...
Getting a Secured Credit Card to Restore Your Credit Rating
If you’ve recently filed bankruptcy or a consumer proposal, a secured credit card is a way to help you rebuild your credit rating and develop a stronger financial future. It’s not a fast track way to build credit or improve your score, but it’s a clear and simple step that...
How to Qualify for Installment Loans with Bad Credit in Canada
Qualifying for installment loans with bad credit in Canada can be very challenging, particularly after a bankruptcy or consumer proposal. This is because your credit score plays a role in the rate you qualify for. Financial lenders have to consider your relative risk as a...
Do Not Cash IN RRSP’s To Pay Taxes Owed In Ontario
Hi it's Richard Killen it's tax time again and some of us when we file taxes are going to owe money. And some of us who owe that money have RRSP’s. https://youtu.be/n4b1y0aK02Q I want to suggest to all of you if you're in that position where you have RRSP’s and you owe money...
Do You Owe Taxes Based ON CERB Benefits?
Hi I’m Richard Killen, you may be like a lot of people who received CERB benefits last year. https://youtu.be/9_qFHVSkp_I You were surprised to find out how much income tax you owe this year on all those benefits. I’m trying to tell people for quite a while now, that...
Contact Richard Killen
FREE No Commitment Consultation
Contact us now for a fresh start!
“Serving Toronto & the GTA for over 25 years.”
Recent Blog Posts
- What Services Can a Licensed Insolvency Trustee Provide?
- How to Get Out of a Car Loan in Canada When You’re Struggling
- Can I Keep My House If I Make a Consumer Proposal?
- Can a Licensed Insolvency Trustee Advice on Budgeting Tips?
- What is the Role of a Licensed Insolvency Trustee in Managing CRA Tax Debts?