Blog
Welcome Message From Richard
A welcome message from Richard Killen Trustee in bankrupcty and licensed consumer proposal administrator...
How a Co-Signer is Affected
Richard Killen explains hos a cosigner will be affected during a bankruptcy or proposal...
Can I Still Operate a Business
Richard Killen explains the truth behind your limitations or restrictions during a bankruptcy or consumer proposal...
How Your Credit Rating is Affected
Richard Killen talks about how your credit will be affected should you declare bankruptcy in Toronto...
Bankruptcy Explained
Richard Killen Licensed Insolvency Trustee and licensed consumer proposal administrator, talks about the fourth and final option available to you, declaring bankruptcy for resolving your financial troubles...
Do I Need to Meet My Creditors?
The last people you want to meet when going through a bankruptcy in Ontario is your creditors, right? You know, the people who have been sending you notices, phoning you non-stop, garnisheeing your wages and generally making your life difficult. What are the chances you will...
What Happens to Your Assets During a Bankruptcy
Richard Killen explains that you may still be able to keep your house and car during a bankruptcy...
10 Debt Danger Signals
After the expense of the holidays, many of us wonder how much debt is too much. Yes, Canadians are used to carrying record debt loads, but there comes a point where the burden may become too heavy. Here are 10 danger signs that could reveal your spending is out of control:...
Divorce and Bankruptcy
Divorce in Canada can be complicated when it comes to debt. Divorce can cause bankruptcy and bankruptcy can cause divorce. Study after study show that financial problems can lead to marital breakdown. Filing for bankruptcy as you go through a divorce, or after, can make both...
Gas Goes Down, Debt Goes Up
Apparently you can't win. Gas prices go down, saving consumers money, but then the commodity-based Canadian economy is hurt by the shortfall in oil revenues, shown in the dropping loonie. You'll have more money to spend on you next trip to Buffalo but it won't go as far as...
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Recent Blog Posts
- Debt Settlement vs. Licensed Insolvency Trustees: Understanding the Costs and Risks
- What Happens If a Collection Agency Is Calling You in Ontario? What They Can & Cannot Do—and How to Stop the Calls
- Can I Keep My Car During a Consumer Proposal or Bankruptcy in Ontario? An LIT Explains
- Will a Consumer Proposal Hurt My Mortgage Renewal in Ontario?
- Why More Canadians Are Choosing Consumer Proposals for Debt Relief and Financial Recovery