Bankruptcy Trustee | Consumer Proposal | Fresh Start | Hamilton | Burlington | St. Catharines | Ontario

Are you one of the many Canadians carrying a record level of debt? Contact Taylor Leibow for solutions.

Bankruptcy Trustee | Consumer Proposal | Fresh Start | Hamilton | Burlington | St. Catharines | Ontario

Legislative Changes September 18, 2009

Amendments to the Bankruptcy and Insolvency Act Effective September 18, 2009, significant changes were made to the Bankruptcy and Insolvency Act to streamline procedures and to ensure consistency amongst Trustees.  One of these changes is in relation to surplus income payments. 

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Financial Consumer Agency of Canada – Consumer Alert – Debt Reduction Companies: Beware of “Too Good to be True” Offers

The Financial Consumer Agency of Canada (FCAC) is warning Canadians to be very cautious about companies that claim they can negotiate a deal to cut the amount of debt you must repay to your creditors. This process is often called “debt reduction,” “debt settlement,” “debt relief” or “debt negotiation.” “Unfortunately, people do not always see…

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Sign of the Times

During uncertain economic times it can be challenging for mortgage professionals, especially those new to the field, to find avenues for financial growth. Housing markets are depressed; consumers are worried about job stability; financial markets are sputtering and consumers are overextended. On top of all that, banks have tightened up their lending criteria, forcing many…

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