The Most Stress Relieving
Call You’ll Ever Make!

Call us for a FREE Consultation


How To Rebuild Your Credit Rating

Posted on Nov 17, 2014 in Credit, Credit Rating, Finances, Financial Advice |

Your credit rating has taken a beating. You regularly pay bills late. Sometimes you can’t make even minimum payments. Perhaps you’ve gone through a bankruptcy or the consumer proposal process. But what now? How do you rebuild your credit rating? Find Out Where You Stand First, to see where you stand, get your sactual credit rating  from TransUnion Canada or Equifax Canada. OK, you’ve absorbed the bad news. If you’ve gone...

Read More

How Do I Stop Wage Garnishment?

Posted on Aug 14, 2014 in Bankruptcy, Credit |

Wage garnishments pack a double whammy. Not only do you lose control of your finances, you have the embarrassment of your employer knowing that you are suffering money troubles. So how do you keep your salary in your hands? Wage garnishment is a legal proceeding set in motion by creditors, including collection agencies, credit card companies, payday loan lenders and the Canada Revenue Agency. Fortunately, except for the government agency (which...

Read More

10 Signs of Debt Trouble

Posted on Jul 25, 2014 in Consolidation Loans, Consumer Proposals, Credit, Debt |

If you don’t live in Egypt, being in denial is a bad thing. Most of us carry some form of debt, whether it’s a car loan or a credit card balance that we just can’t manage to pay off this month. But when does debt load become dangerous? Well, one sign is when you don’t want to think about it and are kept up nights with stomach-twisting anxiety. The problem scares you so much you put your head in the sand and keep spending...

Read More

Why Do People Go Bankrupt?

Posted on Jul 18, 2014 in Bankruptcy, Credit |

Well, because their debts exceed their means to pay them. OK, after stating the obvious, here’s a bit more detail. More than 118,000 Canadians a year are filing for bankruptcy or doing consumer proposals. Here are some of the top reasons why. Excessive Use of Credit Not surprisingly, this continues to be leading cause of bankruptcy. Many of us spend too much, save too little and rely too much on plastic credit. The problem of being...

Read More

What Happens to My Retirement?

Posted on Jun 30, 2014 in Credit, Credit Rating, Debt |

Hi. I’m Richard Killen from Richard Killen & Associates. Just because you’re retired or approaching retirement doesn’t mean you can’t run into credit or debt problems. If that comes about, one of the concerns you may have is what will happen to your retirement savings and your pension? Well, generally speaking, you have nothing to worry about. Though the legal process can get a little complicated, for the most part nothing will happen to...

Read More

Money Doesn’t Grow on Trees

Posted on Jun 23, 2014 in Bankruptcy, Credit |

For more than 20 years, Bill had run a successful Toronto tree care business, doing tree removals, pruning, planting and much more. His finances fell into the rhythm of the growing season. In the spring, the work would flood in and then taper off into the summer and fall. In the winter, during his downtime, Bill would use credit cards to finance advertising, equipment purchases, insurance payments and personal expenses. He would depend on the...

Read More